Arabian Internet and Communications Services Company (solutions) announced on May 20, 2026 the results of its Ordinary General Assembly meeting held on May 19, 2026, with 85.63% shareholder attendance. The assembly approved cash dividend distribution totaling SAR 952,623,480 for 2025 at SAR 8 per share (80% of par value), payable on June 11, 2026. Shareholders also approved the appointment of Mr. Tariq Saud Alhuzaimi as a non-executive board member until December 21, 2029, and authorized SAR 3,900,835 in remuneration for board of directors and committee members for fiscal year 2025.

Original announcement:

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.