| Element List | Explanation |
|---|---|
| Introduction | Alwasail Industrial Co. is pleased to announce the Board of Directors’ recommendation to distribute cash dividends to the company’s shareholders for the second half of the fiscal year ending 12/31/2025 AD. |
| Date of the board’s recommendation | 2026-03-11 Corresponding to 1447-09-22 |
| The Total amount distributed | 18,750,000 |
| Number of Shares Eligible for Dividends | 250,000,000 |
| Dividend per share | 0.075 riyals per share |
| Percentage of Dividend to the Share Par Value (%) | 7.5 |
| Eligibility date | After the General Assembly approves this recommendation, the right to distribute profits shall be to shareholders who own shares at the end of the trading day on the date of the Assembly, and who are registered in the company’s shareholders’ register with the Securities Depository Center Company (Edaa) at the end of the second trading day following the date of the General Assembly, which will be announced later. |
| Distribution Date | The distribution date will be determined later. |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | None |
| Additional Information | The company would like to remind its valued shareholders of the importance of updating their information and ensuring their bank account numbers are linked to their investment portfolios to guarantee that their dividends are deposited into their bank accounts on the distribution date, subject to the approval of the General Assembly. |
For non-resident investors, cash dividends transferred through a resident financial intermediary or credited to their account are subject to a 5% withholding tax, in accordance with Article (68) of the Tax Law and Article (63) of its Implementing Regulations.
For inquiries, please contact:
Mr. Jalal Al-Juraifani
Mobile: +966 53 763 3346
Email: jalal@alwasail.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.