Saudi news

Shareholders of “Ataa Educational” approve the distribution of 10% cash dividends

The shareholders of Ataa Educational Company, during the Ordinary General Assembly meeting, approved the recommendation of the Board of Directors to distribute dividends to shareholders for the fiscal year ending on July 31, 2022, with a total value of about 42.087 million riyals.

The company said in a statement on “Tadawul Saudi Arabia”, today, that the share of the share from the distribution is riyals per share, at a rate of 10% of the paid-up capital.

The eligibility shall be for shareholders who own shares at the end of trading on the day of the General Assembly meeting and who are registered in the company’s shareholder register with the Securities Depository Center Company (Depositary Center) at the end of the second trading day following the due date, and the date for disbursing profits will be determined later.

The shareholders approved the report of the Board of Directors and the financial statements for the year ending July 31, 2022.

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