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Mobile Telecommunication Company Saudi Arabia "Zain KSA" announces the Board of Directors’ recommendation to distribute cash dividends to shareholders for the fiscal year 2022
| Element List | Explanation |
|---|---|
| Introduction | Mobile Telecommunication Company Saudi Arabia "Zain KSA" announces the Board of Directors’ recommendation to distribute cash dividends to shareholders for the fiscal year 2022 |
| Date of the board’s decision | 2023-03-25 Corresponding to 1444-09-03 |
| The Total amount distributed | SAR 449,364,588 |
| Number of Shares Eligible for Dividends | 898,729,175 |
| Dividend per share | SAR 0.5 |
| Percentage of Dividend to the Share Par Value (%) | 5 % |
| Eligibility date | The eligibility of Cash dividends will be to Shareholders who own the company shares on the Eligibility date and are enrolled in the Company's register at Securities Depository Center Company (Edaa) by the end of the second trading day of the General Assembly of the company, which will be announced later. |
| Distribution Date | Distribution date will be announced later after the General Assembly approval. |
| Additional Information | The company urges our respected shareholders to update their banking information to ensure the deposit of the cash dividends directly into their accounts. In addition, we would like to draw the attention of the non-resident foreign investors that the cash dividend distribution which is transferred by the resident financial broker is subject to a withholding tax of 5% according to the provisions of Article (68) of the Income Tax Law and Article (63) of the Implementing Regulations. We are pleased to receive the questions and inquiries of our valued shareholders through the following means: Investors Relations Department Phone: +966-592448888 E-mail: investor.relations@sa.zain.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 11.32
Net Change 0.24 (+2.17%)
Value Traded (Sar) 49,538,474.12
Volume Traded 4,431,119
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