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Almasane Alkobra Mining Company (AMAK) announces the board of directors' decision to distribute cash dividend for the First half of the financial year 2024.
| Element List | Explanation |
|---|---|
| Introduction | Almasane Alkobra Mining Company (AMAK) announces its Board of Directors' decision on 13/02/1446 AH corresponding to 17/08/2024 AD to distribute cash dividends to its shareholders for the First half of the financial year 2024. |
| Date of the board’s decision | 2024-08-17 Corresponding to 1446-02-13 |
| The Total amount distributed | SR 79,679,840 |
| Number of Shares Eligible for Dividends | 88,533,155 shares |
| Dividend per share | 0.90 Halalah |
| Percentage of Dividend to the Share Par Value (%) | 9 |
| Eligibility date | 2024-09-30 Corresponding to 1446-03-27 |
| Distribution Date | The distribution date will be announced later. The distribution will be within 15 working days from the eligibility date. |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | N/A |
| Additional Information | The company requests all shareholders to quickly update their data and ensure that the investment portfolio account numbers are linked to the Securities Deposit Center in the correct manner by capital market brokers to ensure that their dividend is deposited in investment portfolios on the day of distribution and deposit all certificates in their possession, if held, in their investment portfolios by submitting it to the Securities Depository Center Company (Edaa). 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 withholding tax of 5%, in accordance with the provisions of article 68 of the income tax law and article 63 of its implementing regulation. |
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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