Logo of Savola Group
Savola Group’s board of directors recommended on Feb. 6 paying no dividends for 2023, the company said a statement to Tadawul.
The decision aligns with the board’s recommendation on a rights issue to enhance the company’s financial position and enable it to distribute its entire stake of 34.52% in Almarai to shareholders.
The decision is subject to the approval of regulatory authorities and Savola’s shareholders, the statement added.
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments 0
Be the first to comment