Mouwasat Approves SR 225 Million Cash Dividend Distribution

MOUWASAT

MOUWASAT

4002.SA

0.00

On May 5, 2026, Mouwasat Medical Services Co. announced the results of its Ordinary General Assembly Meeting held on May 4, 2026, at the company's headquarters in Dammam with 47.33% shareholder attendance. The meeting approved cash dividends of SR 225 million (SR 1.125 per share, representing 11.25% of nominal value) for the second half of fiscal year 2025, with disbursement beginning May 14, 2026. Shareholders approved the appointment of KPMG Professional Services as auditor for 2026-2027 with fees of SR 1,190,000 (VAT excluded) and authorized various related-party contracts totaling approximately SR 53 million for fiscal year 2026. The assembly also granted the Board authorization to distribute interim dividends on a semi-annual or quarterly basis for fiscal year 2026.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=94944&anCat=1&cs=4002&locale=ar

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