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ACWA Power Co. Announces the Board of Directors Recommendation to Distribute Cash Dividends for the Year 2023.
| Element List | Explanation |
|---|---|
| Introduction | ACWA Power Co. announces the Board of Directors’ recommendation to distribute cash dividends to the Company’s shareholders for the year 2023 |
| Date of the board’s recommendation | 2024-02-28 Corresponding to 1445-08-18 |
| The Total amount distributed | SAR 328,994,878.05 |
| Number of Shares Eligible for Dividends | 731,099,729 |
| Dividend per share | SAR 0.45 |
| Percentage of Dividend to the Share Par Value (%) | 4.5 % |
| 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. |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | NA |
| 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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Company Performance
Key Parameters
Last Price 274.0
Net Change -12.6 (-4.4%)
Value Traded (Sar) 230,409,222.4
Volume Traded 857,712
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