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Arabian Pipes Co. announces the board of director’s recommendation to distribute cash dividends for About the year 2024 AD
| Element List | Explanation |
|---|---|
| Introduction | The Arab Pipe Company announces the Board of Directors’ decision to distribute cash dividends to shareholders for the year 2024 |
| Date of the board’s recommendation | 2025-02-27 Corresponding to 1446-08-28 |
| The Total amount distributed | 22.5 Million SAR |
| Number of Shares Eligible for Dividends | 150 Million share |
| Dividend per share | 0.15 |
| Percentage of Dividend to the Share Par Value (%) | 0.15 |
| Eligibility date | The eligibility of dividends shall be for the shareholders who own the shares on the day of the general assembly meeting and registered in the Securities Depository Center on the closing of next trading day after the general assembly meeting, which will be announced later after getting the necessary approvals from the relevant authorities. |
| Distribution Date | The distribution date will be announced later after approving the distribution of dividend by the General Assembly. |
| 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% according to the provisions of Article (68) of the Income Tax Law and Article (63) of its Implementing Regulations. We are pleased to receive your inquiries by contacting us via email: contact@arabian-pipes.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.
Share
Company Performance
Key Parameters
Last Price 8.99
Net Change 0.15 (+1.7%)
Value Traded (Sar) 8,601,079.25
Volume Traded 961,339
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