Umm Al-Qura Cement Approves No Dividend Distribution
UACC 3005.SA | 0.00 |
On May 31, 2026, Umm Al-Qura Cement Co. announced the results of its Ordinary General Assembly meeting (Second Meeting) held on May 21, 2026, at 9:30 PM via modern technology from the company's Riyadh headquarters, with 16.02% shareholder attendance. The assembly approved key resolutions including the auditor's report for fiscal year 2025, the Board of Directors' recommendation of no dividend distribution for 2025, and authorization for the board to distribute interim dividends during 2026. Additionally, shareholders approved the appointment of Allied Accountants Professional Services Company (RSM) as auditor for specified quarters in 2026-2027 with fees of 300,000 SAR excluding VAT.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95668&anCat=1&cs=3005&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.
