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Mobi Industry Company announces the Board of Directors' decision to suspend the mechanism of distributing dividends to the company's shareholders quarterly
9517
MOBI INDUSTRY
2.86
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1446/03/30 03/10/2024 16:15:16
| Element List | Explanation |
|---|---|
| Announcement Detail | Mobi Industrial Company announces that the Board of Directors approved in its meeting held on 03-10-2024, the suspension of the mechanism of distributing dividends announced on 09-11-2023, which indicated the company's commitment to distribute quarterly dividends until a new mechanism for distributing dividends is approved that is compatible with the company's strategic objectives in accordance with the best standards and the best financial efficiency that achieves the best appropriate return for the company's shareholders. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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Last Price 13.3
Net Change 0.37 (+2.86%)
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