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Saudi Arabian Mining Company (Ma'aden) announces that no cash dividends will be distributed for the year 2022
1211
MAADEN
-1.36
%
1444/07/22 13/02/2023 09:51:19
| Element List | Explanation |
|---|---|
| Date of the board’s decision | 2023-02-12 Corresponding to 1444-07-21 |
| Reasons for Not Recommending Distribution | The Board decision is based on the Company need to continue funding its strategic growth plan and partnership projects. |
| Approvals | The Board recommendation to not distribute cash dividends for the year 2022 shall be presented to the next General Assembly Meeting for endorsement. |
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 50.7
Net Change -0.7 (-1.36%)
Value Traded (Sar) 103,536,210.2
Volume Traded 2,031,951
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