8 important events awaited by the investors of the Saudi market “Tadawul” on Sunday

On Sunday, the attention of the Saudi financial market investors “Tadawul” is awaiting 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 8 important events that investors closely await, and they constitute factors affecting investment decisions and market trends, and include a number of public societies, eligibility dates and disbursement of cash distributions.

On Thursday, the meetings of public associations for 3 Saudi companies are industrial, Equilizations, and Kumal, where the Astra Industrial Group shareholders meet to vote on the recommendation of the Board of Directors to distribute cash dividends at 30% of the capital, equivalent to 3 riyals per share for the fiscal year 2024.

The shareholders of the Tawarah Medical Care Company meet to vote on the amendment of the company’s basic system with regard to subscription in shares, company management, profit distribution policy, participation and ownership in companies.

Komel shareholders meet to vote on the Board of Directors to distribute interim profits to shareholders in a half or quarterly financial year over the current financial year about increasing the company’s capital by granting free shares to the company’s shareholders by 100% to 70 million riyals.

On Sunday, a cash distribution of the shareholders of the Eastern Cement Company ends with a rate of 10% of the nominal value of the share, and by one riyals per share for the second half of the fiscal year 2024.

On Sunday, the right to a cash distribution of the shareholders of the Astra Industrial Company, represents 30% of the nominal value of the share, and by 3 riyals per share for the last fiscal year.

On Sunday, free shares of the shareholders of Kumal, with a rate of 100% of the nominal value of the share, will also end with a free share of each share.

On Sunday, the end of the right to those free shares of the company’s shareholders.