Riyad Bank to start e-voting on EGM agenda on April 9

Riyad Bank will start on Saturday, April 9, the electronic voting on the agenda items of its extraordinary general assembly meeting (EGM) that will be held on April 12, 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.

Shareholders are set to vote on the board's recommendation to distribute a 5.4% cash dividend (SAR 0.54 per share) for the second half of 2021, during the EGM, Argaam earlier reported.