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Al Mawarid Manpower Co. announces the distribution of cash dividend for First half of 2023

1833
ALMAWARID
0.56 %
1445/01/21     08/08/2023 08:33:34

Element ListExplanation
Introduction Al Mawarid Manpower Company announces the recommendation of the Board of Directors to distribute cash dividends to shareholders for the first half of 2023.
Date of the board’s decision 2023-08-07 Corresponding to 1445-01-20
The Total amount distributed SAR 22,5 million
Number of Shares Eligible for Dividends 15,000,000 shares
Dividend per share SAR 1,5
Percentage of Dividend to the Share Par Value (%) 15 %
Eligibility date The eligibility for dividends will be for shareholders who own shares at the end of the second trading day following the day of the general assembly of the company, which will be announced later.
Distribution Date The distribution date will be announced later.
Additional Information We would like to draw the attention of non-resident foreign investors to the fact that the cash distributions that are transferred through the resident financial intermediary, and when transferred or credited in his account, are subject to a withholding tax of 5% in accordance with the provisions of Article (68) of the tax system and Article (63) of its implementing regulations.

The distribution will be through direct transfer to bank accounts linked to the investment portfolios of the shareholders. The company calls upon all honorable shareholders to update their data with the banks with which their accounts are held, to ensure that their future profits are deposited directly in their accounts.

In case of any inquiries, please contact the Investor Relations Department via e-mail:

IR@mawarid.com.sa

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 142.4
Net Change 0.8 (+0.56%)
Value Traded (Sar) 2,924,473
Volume Traded 20,578
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