Saudi Chemical Approves 0.10 SAR Dividend Distribution
CHEMICAL 2230.SA | 0.00 |
Saudi Chemical Company Holding announced on May 14, 2026 the results of its Ordinary General Assembly Meeting held on May 13, 2026 at 18:30 via modern technology, with 36.14% shareholder attendance. The assembly approved cash dividends of 0.10 SAR per share totaling 84,320,000 SAR for fiscal year 2025, representing 10% of nominal share value, with distribution commencing June 3, 2026. Shareholders also approved the appointment of Ernst & Young as external auditor for Q3 2026 through Q2 2027 for fees of 1,690,000 SAR excluding VAT, and authorized 3,342,000 SAR in rewards for Board of Directors members for the 2025 fiscal year. The meeting confirmed the appointment of H.E. Dr. Ghassan Abdulrahman Al-Shibl as an Independent Board member effective January 1, 2026 through December 31, 2027.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95380&anCat=1&cs=2230&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.
