Aldrees Petroleum and Transport Services Co. (ALDREES) announced on March 3, 2026 the results of its Ordinary General Assembly meeting held online on March 2, 2026 at 22:00, with 38.88% shareholder attendance. The assembly approved dividend distribution of SAR 200 million (SAR 2 per share) for the financial year ended December 31, 2025, with payment scheduled for March 16, 2026. Other key approvals included SAR 6 million in Board of Directors' fees, appointment of Ernst & Young as external auditor for SAR 1,310,000, and authorization of related party transactions with Aldrees Industrial and Trading Company totaling SAR 18.3 million for fuel pump purchases.

Original announcement:

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.