On June 11, 2026, The National Shipping Company of Saudi Arabia (Bahri) announced the results of its Ordinary General Assembly meeting held remotely on June 10, 2026, at 8:00 PM with 56.99% shareholder attendance. The assembly approved a cash dividend distribution of SAR 922.85 million at SAR 1.00 per share (representing 10% of par value) for fiscal year 2025, with distribution commencing by June 25, 2026 through Saudi National Bank. Key approvals included business dealings with Aramco Trading Company valued at SAR 3,206 million and Alinma Bank facilities worth SAR 1,697 million, amendments to remuneration policies and committee charters, and delegation of authority to the Board of Directors for interim dividend distributions and powers under the Companies Law.

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.