Southern Province Cement Approves SAR 35M Dividend Distribution

SPCC

SPCC

3050.SA

0.00

Southern Province Cement Co. announced on June 16, 2026 the results of its Ordinary General Assembly meeting held on June 15, 2026 in Abha with 60.6784% shareholder attendance. The assembly approved a dividend distribution of 0.25 riyals per share for the second half of fiscal year 2025, totaling 35 million riyals (2.5% of capital), with distribution beginning July 5, 2026. Key approvals included appointing Dr. Mohamed Al-Amri & Co. as auditor for 645,000 riyals, delegating the Board authority to distribute interim dividends for fiscal year 2026, and ratifying transactions with Saudi Chemical Company Ltd. valued at approximately 7 million riyals annually through February 2028.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96130&anCat=1&cs=3050&locale=ar

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

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