The Board of Directors of the National Shipping Company of Saudi Arabia (Bahri) convened in a meeting on 09/08/1445 H corresponding to 18/03/2024 and recommended distributing cash dividends to shareholders for the fiscal year 2023. The eligibility for receiving cash dividends will be based on shareholders owning company shares on the Eligibility Date and being registered in the Company's register at Securities Depository Center Company (Edaa) by the end of the second trading day of the General Assembly meeting, the date of which will be announced later.
The specific distribution date for the dividends will also be announced later, pending approval from the General Assembly regarding the Board of Directors’ recommendation. Shareholders are urged to promptly update their data and ensure that their bank account numbers are linked to their investment portfolios. This step is crucial to ensure that dividends are deposited directly into their bank accounts on the distribution day.
Furthermore, shareholders are advised to deposit all their share certificates into their portfolios by submitting them to the Securities Depository Center (Edaa) located at Riyadh, King Fahd Road, Towers Cooperative, or sending them to PO Box 60612 Riyadh. This process will facilitate the smooth and timely distribution of dividends and ensure that shareholders receive their entitlements efficiently.
