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ACWA Power Co. board of directors' recommendation to distribute cash dividends for the year 2022.

2082
ACWA POWER
-1.57 %
1444/07/04     26/01/2023 16:04:22

Element ListExplanation
Introduction ACWA Power Co. is pleased to announce the Board of Directors’ recommendation to distribute cash dividends to the company’s shareholders for the year 2022.
Date of the board’s decision 2023-01-26 Corresponding to 1444-07-04
The Total amount distributed SAR 606,812,775.07
Number of Shares Eligible for Dividends 731,099,729
Dividend per share SAR 0.83
Percentage of Dividend to the Share Par Value (%) 8.3 %
Eligibility date The eligibility to dividends is for shareholders holding the shares by the end of the trading day of the assembly date, and who are registered in the Company's shareholders register held with the Securities Depository Center Company (Edaa) at the end of the second trading day following the eligibility date.

General assembly meeting date will be announced later.

Distribution Date Will be announced later.
Additional Information We would like to draw the attention of our foreign non-resident investors that the dividend paid by the company is subject to a withholding tax of 5% upon transfer to the non-resident investor or credit to its account according to the provisions of Article (68) of the Income Tax Law and Article (63) of the Implementing Regulations.

For any inquiry, shareholders can contact ACWA Power’s Investor Relations Department via E-mail ir@acwapower.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.

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Key Parameters
Last Price 339.0
Net Change -5.4 (-1.57%)
Value Traded (Sar) 98,899,817.8
Volume Traded 290,904
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