| Element List | Explanation |
|---|---|
| Introduction | Tabuk Cement Company announces its Board of Director's recommendation to distribute cash dividends to its shareholders for the Financial year of 2023G |
| Date of the board’s recommendation | 2024-03-29 Corresponding to 1445-09-19 |
| The Total amount distributed | SAR 22.500.000 |
| Number of Shares Eligible for Dividends | 90,000,000 shares |
| Dividend per share | SAR 0.25 |
| Percentage of Dividend to the Share Par Value (%) | 2.50 % |
| Eligibility date | The eligibility of Cash dividend will be to Shareholders who own the company shares at the end of the day of the next general assembly who are registered at the Securities Depository Center Company (Edaa) by the end of the second trading day following the day of the General Assembly of the company. The date of the forthcoming General Assembly Meeting will be announced later. |
| Distribution Date | shall be announced later on |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | Nothing |
| Additional Information | For non-resident investors, cash dividends that are transferred through the resident financial intermediary or when credited to his account are subject to a withholding tax of 5% in accordance with the provisions of Article (68) of the tax system and Article (63) of its implementing regulations. |
The company requests from all valued shareholders to update their data and to ensure that their bank account details are linked with their investment portfolios to ensure that their due dividends are deposited directly into their bank accounts.
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.