Obeikan Glass shareholders authorize board to pay interim dividends for 2022

31/05/2022 Argaam
Obeikan Glass manufacturing facility

Obeikan Glass manufacturing facility

Shareholders of Obeikan Glass Co. approved authorizing the board of directors to distribute interim dividends on a semi-annual or quarterly basis for 2022, during the extraordinary general meeting (EGM) held on May 30, the company said in a statement to Tadawul.

 

They also approved the board’s decision on the dividend payouts for 2021, at SAR 1 per share, or 10% of the company’s capital, at a total value of SAR 24 million.

 

Shareholders also ratified amending articles related to the company name and board meetings.

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