19-05-2025
Alujain's OGM ratifies 2025–26 dividend policy, rejects external auditor appointment
Alujain Corp. 's ordinary general assembly approved the company's dividend distribution policy for 2025 and 2026.
The policy stipulates the distribution of dividends to shareholders at a rate of SAR 0.75 per share on a quarterly basis over the next two years, starting with Q1 2025 and ending with Q4 2026.
The company noted that the dividend policy could change based on material shifts in its strategy, business, investments, future projects, or any current or future financing commitments related to its projects.
Shareholders also approved authorizing the board to distribute interim dividends semi-annually or quarterly for the fiscal year ending Dec. 31, 2025.
Meanwhile, the general assembly rejected approving the appointment of an external auditor for the company.
