The General Assembly of “Gas” approves the distribution of 3 million riyals for 2025
The Board of Directors of the Natural Gas Distribution Company announced the results of the Ordinary General Assembly meeting (first meeting), which was held yesterday, Monday.
The company said in a statement on its website "Saudi Arabia trading"The results of the vote on the Assembly’s agenda included:
– Viewing the Board of Directors’ report for the fiscal year ending on December 31, 2025 AD and discussing it.
– Approving the company’s auditor’s report for the financial year ending on December 31, 2025 AD after discussing it.
– Viewing the financial statements for the fiscal year ending on December 31, 2025 AD and discussing them.
– Approving the recommendation The Board of Directors will distribute cash dividends in the amount of 3 million riyals to shareholders for the fiscal year 2025, at the rate of (0.60) riyals per share and at a rate of (6%) of the company’s capital of 50 million riyals, provided that the eligibility is for shareholders who own shares at the end of trading on the day of the General Assembly and who are registered in the company’s shareholder register with the Securities Depository Center Company (Depository Center) at the end of the second trading day following the date of the General Assembly, provided that the distribution of dividends begins on the date of the General Assembly. 07/06/2026AD.
– Approval to amend the work regulations of the Remuneration and Nominations Committee.
– Approval to amend the remuneration policy for members of the Board of Directors and the emerging committees.
– Approval to appoint Crow Solutions Professional Consulting Company from among the candidates based on the recommendation of the Audit Committee; This is to examine, review and audit the semi-annual financial statements and the annual financial statements from the fiscal year 2026 AD, and determine his fees, which are estimated at (261,000) riyals.
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