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Saudi Company for Hardware (SACO) announces the Board of Directors’ decision to distribute cash dividends to shareholders for the year 2025
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Saudi Company for Hardware (SACO) approved the distribution of cash dividends to shareholders for the year 2025 on 3 March 2026. |
| Date of the board’s decision | 2026-03-03 Corresponding to 1447-09-14 |
| The Total amount distributed | SAR 8,968,612 |
| Number of Shares Eligible for Dividends | 35,874,448 shares |
| Dividend per share | SAR 0.25 |
| Percentage of Dividend to the Share Par Value (%) | 2.5 |
| Eligibility date | 2026-03-16 Corresponding to 1447-09-27 |
| Distribution Date | 2026-03-30 Corresponding to 1447-10-11 |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | Not applicable |
| Additional Information | The eligibility of dividends distribution shall be for the shareholders who own shares at the end of the trading day, Monday 16-03-2026, and are registered in the Company’s share registry at the Securities Depository Center Company (Edaa) at the end of the second trading day following the eligibility date. We would like to draw the attention of the non-resident foreign investors that cash dividends 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 income tax law and Article (63) of its implementing regulation. The company urges its shareholders to expedite updating their data and ensure that their bank accounts numbers are linked with their investment portfolios to ensure their dividends are deposited in their accounts without delay. In case of any inquiries, please contact shareholders relation on email: investors@saco-ksa.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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