Al Yamamah Steel shareholders to vote on interim dividends for 2023 on Feb. 19

22/01/2023 Argaam
Logo of Al Yamamah Steel Industries Co.

Logo of Al Yamamah Steel Industries Co.

Al Yamamah Steel Industries Co.’s shareholders will vote on authorizing the board to distribute interim dividends on a semi-annual or quarterly basis for 2023.

 

Shareholders will vote on the board and auditor’s reports as well as financial statements for the fiscal year ended on Sept. 30, 2022, during the ordinary general meeting (OGM), slated for Feb. 19, the steel producer said in a statement to Tadawul.

 

They will also vote on discharging the board of directors from liability for 2022 and appointing an external auditor to review and audit financial statements or Q2, Q3, Q4 2023 and Q1 2024.

 

Other agenda items include voting on the business and contracts concluded with other companies.

 

The e-voting on the agenda items will start as of Feb. 15.

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