Saudi Energy Approves SAR 2.9B Dividend Distribution

SAUDI ENERGY

SAUDI ENERGY

5110.SA

0.00

Saudi Energy Company announced on May 6, 2026 the results of its 28th Ordinary General Assembly Meeting held on May 5, 2026 via the Tadawulaty platform from its Riyadh headquarters, with 87.20% shareholder attendance. The meeting approved dividend distribution of 2,916,615,670.5 SAR (70 Halala per share, representing 7% of share par value) for the fiscal year ended December 31, 2025, with payments commencing June 1, 2026 through Al-Rajhi Bank. Shareholders also approved board remuneration of 8,739,698.95 SAR and appointed Deloitte and Touche Co. as external auditors for 2026-2028 with total fees of 27,343,750 SAR.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=94990&anCat=1&cs=5110&locale=ar

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.