Arabian Pipes Calls Shareholder Meeting for SAR 34M Dividend
APC 2200.SA | 0.00 |
Arabian Pipes Co. announced on May 20, 2026 that its Board of Directors is inviting shareholders to attend the Ordinary General Assembly Meeting (First Meeting) scheduled for June 22, 2026 at 19:30, to be held virtually via modern technology using the Tadawulaty system from the company's headquarters in Riyadh. The meeting agenda includes reviewing financial statements for fiscal year 2025, appointing auditors for 2026-2028, and voting on a cash dividend distribution of 34 million Saudi Riyals (0.17 SAR per share, equivalent to 17% of nominal value) to be paid on July 12, 2026. Additionally, shareholders will vote on SAR 1,600,000 in Board remuneration for 2025 and authorize the Board to distribute interim dividends for 2026 on a biannual or quarterly basis.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95559&anCat=1&cs=2200&locale=arAttached PDF document link:
https://www.saudiexchange.sa/Resources/fsPdf/14478_400_2026-05-20_13-42-50_en.pdfImportant 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.