eXtra shareholders to vote on authorizing board to pay interim dividends for 2021 on April 29

07/04/2021 Argaam

Logo of eXtra

Shareholders of United Electronics Co. (eXtra) will vote on authorizing the board of directors to distribute interim dividends on a semi-annual or quarterly basis for 2021 during the ordinary general meeting that will be held on April 29, 2021.

 

The planned dividends will be in line with the company’s financial position, cash flows, as well as expansion and investment plans, eXtra said in a bourse statement.

 

Shareholders will also vote on the distributed dividend at 3%, or SAR 3 per share, for 2020.

 

In addition, they will vote on electing board members from among nominees for the next thee-year term commencing from May 13, 2021.

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