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Arabian Shield Cooperative Insurance Co. Announces Non-distribution of Cash Dividends to Shareholders for year 2024

8070
ARABIAN SHIELD
-0.50 %
1446/09/24     24/03/2025 08:00:31

Element ListExplanation
Introduction Arabian Shield Cooperative Insurance Company announces the Issuance of the Board of Directors' recommendation to not distribute cash dividends for the financial year ending on 31-12-2024,
Date of the board’s decision 2025-03-23 Corresponding to 1446-09-23
Reasons for Not Recommending Distribution To support and strengthen the company's financial position and preserve the solvency margin to finance its future development plans.
Additional Information The recommendation will be submitted for approval at the General Assembly meeting to be decided at a later date.

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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Last Price 16.04
Net Change -0.08 (-0.5%)
Value Traded (Sar) 686,734
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