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Ahmed Saleh

Saudi Aramco Base Oil Company News

Saudi Aramco Base Oil Company - Luberef has declared the board of directors' proposal to issue cash dividends to shareholders amounting to SR 841,275,250 for the latter half of 2023. This brings the total dividends for the year 2023 to SAR 10 per share, constituting roughly 80% of free cash flow and aligning with the upper threshold set by the performance-linked distribution policy.


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