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Saudi Arabia Refineries Co. announces the board of director's recommended to not distribute dividends for the year 2023

2030
SARCO
-0.95 %
1445/09/09     19/03/2024 09:47:38

Element ListExplanation
Date of the board’s decision 2024-03-18 Corresponding to 1445-09-08
Reasons for Not Recommending Distribution For order to invest the available cash in the development of new projects that will strengthen the financial position of the company.
Additional Information This recommendation will be presented for voting during the next GAM of the company, which will be determined later after obtaining approval from the official authorities.

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.

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Key Parameters
Last Price 83.8
Net Change -0.8 (-0.95%)
Value Traded (Sar) 9,419,862.5
Volume Traded 112,588
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