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Naf Company for Feed for Industry announces the board of director's decision to not distribute dividends for fiscal year ended 31/12/2025
| Element List | Explanation |
|---|---|
| Introduction | Naf Company for Feed for Industry (the “Company”) announces the issuance of a Board of Directors’ resolution dated 20/10/1447H (corresponding to 08/04/2026G) not to distribute cash dividends to the Company’s shareholders for the fiscal year ended 31/12/2025. |
| Date of the board’s decision | 2026-04-08 Corresponding to 1447-10-20 |
| Reasons for Not Recommending Distribution | The Board of Directors’ decision not to distribute cash dividends to the Company’s shareholders for the fiscal year ended 31/12/2025 comes in line with the Company’s plans to strengthen its financial position and support its future growth. The Board is currently studying a potential increase of the Company’s issued capital through the capitalization of a portion of retained earnings and the issuance of bonus shares to shareholders. No decision has been made in this regard as of the date hereof. The Company will announce any material developments or additional details related to the capital increase, including the size of the increase and the number of bonus shares to be granted to each shareholder, in due course, after completing the necessary studies and procedures, in preparation for submitting it to the Extraordinary General Assembly for voting. |
| Additional Information | Not applicable |
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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