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East Pipes Integrated Company for Industry Announces the dividend distribution for First half period of FY 2024-2025

1321
EAST PIPES
-0.79 %
1446/06/17     18/12/2024 09:41:42

Element ListExplanation
Introduction East Pipes Integrated Company for Industry is pleased to announce the Board of Directors’ resolution to distribute cash dividends for First half period of FY 2024-2025
Date of the board’s decision 2024-12-17 Corresponding to 1446-06-16
The Total amount distributed SAR 47,250,000
Number of Shares Eligible for Dividends 31,500,000 shares
Dividend per share SAR 1.5 per share
Percentage of Dividend to the Share Par Value (%) 15
Eligibility date 2025-01-01 Corresponding to 1446-07-01
Distribution Date 2025-01-30 Corresponding to 1446-07-30
The name of other official authorities and the details of their non-refusal to the recommendation or decision N/A
Additional Information The company urges its 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% in accordance with the provisions of the Income Tax Law and its Implementing Regulation

For any inquiries, please contact Investor Relations at:

Phone: + 966 (13) 8616704

Email: IR@eastpipes.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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Key Parameters
Last Price 150.2
Net Change -1.2 (-0.79%)
Value Traded (Sar) 12,994,753.2
Volume Traded 86,364
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