AME shareholders to vote on 2024 dividend payout, early termination of current board on May 25

04/05/2025 Argaam

AME shareholders to vote on 2024 dividend payout, early termination of current board on May 25

Logo of AME Company for Medical Supplies


AME Company for Medical Supplies’ shareholders will vote on the board recommendation to distribute a 20% cash dividend (SAR 2 per share) for 2024, during an extraordinary general meeting (EGM) to be held on May 25.

 

Dividend Details (2024)​

Current Capital

SAR 70 mln

No. of Shares

7 mln

Share Par Value

SAR 10

Total Dividend

SAR 14 mln

Percentage of Capital

20% (SAR 2 per share)​

Record Date

Shareholders of record and those registered with the Securities Depository Center Co. (Edaa) by the end of the second trading day after the deciding EGM

Payment Date

June 11, 2025

 

For more news on listed companies

 

In a statement to Tadawul today, May 4, the company said shareholders will also decide on the early termination of the current board prior to the end of the current term on July 30, 2025.

 

Other agenda items include voting on ceasing the contract with the current auditor, having exhausted the maximum permitted statutory period, in accordance with Article (3) of the executive regulations of the Capital Market Authority’s (CMA) Companies Law.

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