The Board of Directors of the Saudi Arabian Refineries Company (SARCO) recommended in its meeting held on Wednesday 20/08/1443 AH corresponding to 23/03/2022, and the recommendation resolution was signed on Thursday 08/21/1443 AH corresponding to 03/24/2022 to the Ordinary General Assembly The fifty two to pay cash dividends for the fiscal year 2021 AD to shareholders.
The total amount distributed is 7,500,000 riyals, the number of shares entitled to dividends is 15 million shares, and the share of the share from the distribution is 50 Halalas, which is 5%.
The eligibility for profits is for the shareholders who own the company’s shares at the end of trading on the day of the (fifty-second) Ordinary General Assembly, which will be announced later, and who are registered in the company’s shareholders register with the Securities Depository Center Company (Edaa) at the end of the second day following the due date.
The agenda and venue of the assembly will be announced later, after obtaining the approval of the competent authorities.
The company calls on all valued shareholders to update their data and to ensure that their bank account numbers are linked with their investment portfolios. The company also hopes that its valued shareholders, who hold certificates, quickly deposit them in their investment portfolios, or review the company’s shareholder affairs official to ensure that their due profits are deposited directly into their accounts.