SHL Finance Approves SAR 50 Million Cash Dividend

SHL

SHL

1183.SA

0.00

SHL Finance Co. announced on June 23, 2026 the results of its Ordinary General Assembly Meeting held on June 22, 2026, with 90.70% shareholder attendance achieved through technical means only. The assembly approved cash dividends totaling SR 50 million (0.50 Saudi Riyals per share, representing 5% of par value) for fiscal year 2025, with distribution starting July 9, 2026. Key approvals included appointing Deloitte & Touche – Baker Abu Al-khair & Co. as auditors for 2026-2027 with annual fees of SAR 1,120,000, board remuneration of SR 2,673,000, and committee remuneration of SR 1,857,000. The meeting also approved multiple related-party transactions including Islamic financing facilities with Arab National Bank totaling 1.80 billion Saudi Riyals and a SR 100 million credit facility agreement with Quara Finance Company.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96292&anCat=1&cs=1183&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.