| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Saudi Manpower Solutions Company - SMASCO, decided , Thursday , August 22, 2024, to distribute cash dividends to shareholders at a rate of 12% of the capital (0.12 riyals per share) as profits for the first half of 2024. |
| Date of the board’s decision | 2024-08-22 Corresponding to 1446-02-18 |
| The Total amount distributed | 48 million Saudi riyals |
| Number of Shares Eligible for Dividends | 400 Shares |
| Dividend per share | 0.12 Saudi riyals |
| Percentage of Dividend to the Share Par Value (%) | 12 |
| Eligibility date | 2024-08-29 Corresponding to 1446-02-25 |
| Distribution Date | 2024-09-10 Corresponding to 1446-03-07 |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | Not Applicable |
| Additional Information | We would like to draw the attention of non-resident foreign investors to the fact that cash dividends transferred through a resident financial intermediary, and upon transfer or crediting to his account, are subject to a withholding tax of 5% in accordance with the provisions of Article (68) of the Tax Law and Article (63) of its Executive Regulations. |
Non-resident investors who have tax exemptions on dividends issued by the Zakat, Tax and Customs Authority should contact the company's Investor Relations Department via email, investor.relations@smasco.com within three days from the due date to submit documents supporting the tax exemption.
The distribution will be, God willing, via direct transfer to the bank accounts linked to the shareholders' investment portfolios. The company urges all shareholders to update their data with the banks in which they hold their accounts to ensure that their future dividends are deposited directly into their accounts.
In case of any inquiries, please contact the Investor Relations Department via email:
investor.relations@smasco.com
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.