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Saudi Automotive Services Company (SASCO) announces the Distribution of an Interim Cash Dividends to the shareholders for first half of 2024
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Saudi Automotive Services Company (SASCO) has decide to distribute of an Interim cash dividend to shareholders for first half of 2024. |
| Date of the board’s decision | 2024-09-04 Corresponding to 1446-03-01 |
| The Total amount distributed | SAR 17,500,000 |
| Number of Shares Eligible for Dividends | 70,000,000 Shares |
| Dividend per share | 25 Halalh |
| Percentage of Dividend to the Share Par Value (%) | 2.5 |
| Eligibility date | 2024-09-15 Corresponding to 1446-03-12 |
| Distribution Date | 2024-09-30 Corresponding to 1446-03-27 |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | Not Applicable. |
| Additional Information | - The eligibility for the shareholders who own the shares on the date of entitlement (Sunday September 15, 2024) and who are register in the Securities Depository Center (Edaa) at the end of the second trading day following the maturity date. SASCO remind the shareholders to update their investment portfolios account information to ensure the receipt of their dividends. - SASCO also request from shareholders who own shares as per shares certificates to deposit such certificates in their investment portfolio in order to ensure the receipt of their dividends. Shareholders can contact the Investor Relations Department at 011-2068855 ext. 1113 email: IR@sasco.com.sa . |
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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