Next Wednesday .. 6 important events awaited by the Saudi market investors “Tadawul”

The attention of the investors of the Saudi financial market “Tadawul” next Wednesday, a set of important events affecting the movement of the market and the performance of the stocks, in the dates announced in the official sources.

We review 6 important events that investors closely await, and they constitute factors affecting investment decisions and market trends, and include public societies and eligibility dates and disbursement of cash distributions as well as important and influential global events in the Saudi market “Tadawul”.

On Wednesday, general assemblies meet the Nadec L and LaBerv.

The shareholders of the National Agricultural Development Company “Nadak” meet to vote on the appointment of the company’s account references from among the candidates based on the recommendation of the review committee and its definition, and the transfer of the regular reserve balance of 193.79 million riyals for the balance of the remaining profits.

Saudi Aramco shareholders also meet the foundation oils “Lubrev” to vote on the recommendation of the Board of Directors to distribute cash dividends to shareholders for the second half of the year 2024 with a total value of 518.23 million riyals, and at a rate of 3.08 Saudi riyals per share and represents 30.8 %of the nominal value of the share, and to vote on the council’s mandate in distributing interior profits in a semi -annual or quarterly in the current fiscal year 2025.

On Wednesday, the right to distribute the shareholders of Saudi Aramco for the basis oils “LaBrev” ends with a rate of 30.8% of the nominal value of the share, and by 3.08 riyals per share for the second half of the fiscal year 2024.

On Wednesday, the date for the exchange of cash profits for the shareholders of the United Company for Mining, with a rate of 7.5% of the nominal value of the share, and by 0.75 riyals per share for the second half of the last fiscal year.

On Wednesday, the date for the exchange of cash profits for the shareholders of Jarir by a rate of 23% of the nominal value of the share, and by 0.23 riyals per share for the fourth quarter of the fiscal year 2024.

On Wednesday, the weekly report of the American Petroleum Institute on US oil stocks will also be issued.