Cherry Trading Calls EGM for SAR 15M Dividend
CHERRY 4265.SA | 0.00 |
Cherry Trading Co. announced on May 21, 2026 that its Board of Directors is inviting shareholders to attend an Extraordinary General Assembly Meeting scheduled for June 22, 2026 at 18:30 pm, to be held virtually from Riyadh via modern technology means. The meeting agenda includes 30 items covering fiscal year 2025 matters, including approval of financial statements, board remuneration of SAR 1,100,000, and a cash dividend distribution of SAR 15,000,000 (SAR 0.5 per share, representing 5% of share capital) with distribution commencing June 24, 2026. Key agenda items also include voting on related-party contracts totaling over SAR 10 million with affiliated companies, appointment of external auditors for 2026-2027, and comprehensive amendments to the Company's Articles of Association to align with the new Companies Law.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95600&anCat=1&cs=4265&locale=arAttached PDF document link:
https://www.saudiexchange.sa/Resources/fsPdf/30573_8287_2026-05-20_23-34-14_en.pdfhttps://www.saudiexchange.sa/Resources/fsPdf/30573_8287_2026-05-20_23-29-00_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.
