First Milling Revises H1 2026 Dividend to Board Recommendation

FIRST MILLS

FIRST MILLS

2283.SA

0.00

On August 2, 2026, First Milling Company announced an amendment to its previous announcement dated July 29, 2026, regarding the distribution of interim cash dividends for the first half of fiscal year 2026. The company clarified that the cash dividend distribution to shareholders shall be treated as a recommendation by the Board of Directors, rather than a resolution, and will be subject to approval at the Company's General Assembly meeting, the date of which will be announced in due course. The eligibility date will be set at the end of the second trading day following the General Assembly meeting, with distribution to shareholders registered with the Securities Depository Center Company (Edaa) to be completed within fifteen (15) business days from the eligibility date. Non-resident foreign investors are advised that cash dividends are subject to a 5% withholding tax in accordance with Article 68 of the Income Tax Law, unless a valid tax exemption is provided to the Investor Relations Department.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97157&anCat=1&cs=2283&locale=ar

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

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.