Zain KSA Approves SAR 449M Cash Dividend

ZAIN KSA

ZAIN KSA

7030.SA

0.00

Mobile Telecommunication Company Saudi Arabia (Zain KSA) announced on July 1, 2026 the results of its Ordinary General Assembly meeting held on June 30, 2026, with 56.02% shareholder attendance. The assembly approved cash dividends of SAR 449,365,000 (SAR 0.50 per share, representing 5% of nominal value) for fiscal year 2025, with distribution commencing July 21, 2026. Key approvals included appointing KPMG as external auditor for 2026-2029 with fees of SAR 20,791,512 excluding VAT, board remuneration of SAR 5,043,500 for 2025, and ratifying Eng. Atef Al Sayabi's board appointment effective January 22, 2026. The meeting also approved various related-party transactions with Zain Group entities totaling hundreds of millions in administrative fees, telecommunication services, and technical contracts.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96542&anCat=1&cs=7030&locale=ar

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