Al Rajhi Bank to start e-voting for OGM tomorrow

Al Rajhi Bank will start on March 25, 2021, the electronic voting on the agenda items of its ordinary general assembly meeting (OGM) that will be held on March 29, according to a bourse filing.

The step follows the Capital Market Authority’s (CMA) directives enabling shareholders to participate and vote on related meeting agenda through Tadawulaty system, in line with the government’s efforts to prevent the spread of coronavirus.

Earlier, the bank invited its shareholders to vote on a 10% cash dividend, or SAR 1 per share, for 2020, during the OGM to be held on March 29, 2021, according to data compiled by Argaam.