On April 27, 2026, Saudia Dairy and Foodstuff Co. (SADAFCO) announced an Extraordinary General Assembly Meeting scheduled for May 19, 2026, at 19:00 via online technology from the company's Jeddah headquarters. The meeting agenda includes 17 items covering fiscal year 2025 financial statements review, board remuneration of SAR 3,600,000, authorization for interim dividend distributions, and approval of related-party transactions totaling SAR 13,850,188 with companies including Buruj Cooperative Insurance Co. (SAR 10,498,617), PKC Advisory (SAR 1,825,485), Alternative Energy Projects Co. (SAR 71,464), and Specialized Food Services Co. (SAR 1,454,622). Key decisions also include authorizing the purchase of up to 2,709,627 treasury shares and appointing Mr. Samer Mohammed Abbouchi as a Non-Executive Board member to replace the resigned Mr. Faisal Hamad Al Ayyar.

Original announcement:

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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.