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Saudi Marketing Company (Farm Superstores) announces the Board of Directors decision not to distribute dividends to shareholders for the year ending December 31, 2023
4006
FARM SUPERSTORES
-0.39
%
1445/09/18 28/03/2024 16:18:10
| Element List | Explanation |
|---|---|
| Introduction | Saudi Marketing Company (Farm Superstores) announces the recommendation of the board of Directors not to distribute dividends to the shareholders for the year ending December 31, 2023 |
| Date of the board’s decision | 2024-03-28 Corresponding to 1445-09-18 |
| Reasons for Not Recommending Distribution | To support and strengthen the financial position of the Company, and its expansion, in addition to the upgrades and renovations for the existing branches. |
| Additional Information | This recommendation will be presented for voting during the next general assembly meeting of the Company, the date of which will be determined later after taking approval from 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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Last Price 25.8
Net Change -0.1 (-0.39%)
Value Traded (Sar) 1,932,647.65
Volume Traded 75,696
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