Natural Gas Distribution Approves SAR 3M Dividend Distribution
NGDC 9516.SA | 0.00 |
Natural Gas Distribution Co. announced results of its Ordinary General Assembly Meeting held virtually on June 22, 2026, at 8:00 PM in Riyadh, with 48.60% shareholder attendance. The meeting approved cash dividends of SAR 3,000,000 (SAR 0.60 per share, representing 6% of the SAR 50,000,000 capital) for fiscal year 2025, with distribution commencing July 6, 2026. Shareholders also approved the appointment of Crew Solutions Professional Consulting Company as auditor for 2026 at fees of SAR 261,000, and amendments to committee bylaws and remuneration policies.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96304&anCat=1&cs=9516&locale=arImportant 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.
