Yanbu Cement shareholders authorize board to pay interim dividends for 2023

28/05/2023 Argaam

Yanbu Cement completes scheduled periodic maintenance for fifth production line, starts on-site operation

Logo of Yanbu Cement Co.


Shareholders of Yanbu Cement Co. approved authorizing the board of directors to distribute interim dividends on a semi-annual or quarterly basis for 2023, during an ordinary general meeting (OGM) held on May 25.

 

In addition, shareholders elected board members for the upcoming three-year term starting June 30, 2023, until June 29, 2026. 

 

The newly elected board comprises Riyad bin Abdulrahman Aba Al-Khail, Fahd bin Sulaiman Al-Rajhi, Fahad bin Ibrahim Al-Jomiah, Abdulaziz bin Abdullah Al-Habardi, Omar Jahidhi, Ibrahim bin Hamad Al-Rashed, Turki bin Musaed Al-Mubarak, Abdulaziz Sulaiman Al-Rajhi, Mohamed Al-Khereiji, and Ali bin Abdullah AlAyed.

 

In a statement to Tadawul, the company pointed out that shareholders also approved all the other OGM items.

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