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Al Moammar Information Systems Co. announces the board of director’s recommendation to distribute cash dividends for the first quarter of the fiscal year 2024.
7200
MIS
-2.79
%
1445/10/07 16/04/2024 07:53:33
| Element List | Explanation |
|---|---|
| Introduction | Al Moammar Information Systems Company (MIS) announces the Board of Directors’ recommendation to distribute cash dividends to shareholders for the first quarter of the fiscal year 2024. |
| Date of the board’s recommendation | 2024-04-15 Corresponding to 1445-10-06 |
| The Total amount distributed | 24,000,000 |
| Number of Shares Eligible for Dividends | 30,000,000 |
| Dividend per share | 0.80 |
| Percentage of Dividend to the Share Par Value (%) | 8 % |
| Eligibility date | Eligibility for cash dividends will be for shareholders who own shares registered in the company’s shareholder registry at the end of the second trading day following the date of the company’s general assembly, and the date of its holding will be announced later. |
| Distribution Date | Determine the distribution date later after obtaining the approval of the General Assembly and relevant authorities, including the General Assembly’s approval of the updated dividend distribution policy. |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | Not applicable |
| Additional Information | We would also like to inform our non-resident foreign shareholders that the cash distributions transferred through the resident financial intermediary will be subject, when transferred or credited to his bank account, to a 5% withholding tax in accordance with the provisions of Article (68) of the Income Tax Law and Article (63) of its regulations. Executive |
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 160.2
Net Change -4.6 (-2.79%)
Value Traded (Sar) 14,065,510.6
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