Axelerated Solutions Approves SAR 11.2M Cash Dividend Distribution
AXELERATED SOLUTIONS 9637.SA | 0.00 |
Axelerated Solutions for Information and Communication Technology Co. announced on June 4, 2026 the results of its Ordinary General Assembly Meeting held on June 3, 2026 at 7:00 PM at the company's Riyadh headquarters with 92.32% shareholder attendance. The meeting approved cash dividends for the second half of 2025 totaling SAR 11,200,000 at SAR 0.40 per share, with distribution commencing June 17, 2026. Shareholders also approved SAR 580,000 in board remuneration for fiscal year 2025, authorized the board to distribute interim dividends on a semi-annual or quarterly basis during 2026, and appointed Sultan Ahmed Al-Shubaily Certified Public Accountants as external auditor for 2026-2027 with total fees of SAR 420,000.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95826&anCat=1&cs=9637&locale=arImportant 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.
