GIG Schedules Shareholder Meeting with 63M Riyal Dividend

GIG

GIG

8250.SA

0.00

On April 20, 2026, Gulf Insurance Group (GIG) announced its Board of Directors is inviting shareholders to attend the Ordinary General Assembly Meeting (First Meeting) scheduled for May 14, 2026, at 18:30 via the Tadawulaty platform. The meeting will address 13 agenda items including review of the Board of Directors Report and Annual Financial Statements for fiscal year ending December 31, 2025, appointment of auditors for 2026-2027, and voting on board remuneration of 1,600,000 Riyals. Key business matters include approval of various related-party transactions totaling over 29 million Riyals and a proposed cash dividend distribution of 63,000,000 Riyals (1.2 Saudi Riyal per share, representing 12% of nominal share value) with distribution beginning June 11, 2026.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=94527&anCat=1&cs=8250&locale=ar

Attached PDF document link:

https://www.saudiexchange.sa/Resources/fsPdf/11928_509_2026-04-19_21-58-49_en.pdfhttps://www.saudiexchange.sa/Resources/fsPdf/11928_509_2026-04-19_21-53-30_en.pdf

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.