National Company for Learning and Education announces the Board of Directors’ recommendation to distribute cash dividends to its shareholders for the fiscal year ended July 31, 2024.

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Element List Explanation
Introduction National Company for Learning and Education (NCLE) announces the Board of Directors’ recommendation dated October 30, 2024, to distribute cash dividends to its shareholders for the fiscal year ended July 31, 2024.
Date of the board’s recommendation 2024-10-30 Corresponding to 1446-04-27
The Total amount distributed 90,300,000
Number of Shares Eligible for Dividends 43,000,000
Dividend per share 2.1 Riyal
Percentage of Dividend to the Share Par Value (%) 21
Eligibility date The eligibility of dividends shall be for the shareholders who own shares on the date of the General Assembly and are registered in the company’s shareholders’ register at the Securities Depository Center ( Edaa ) at the end of the second trading day following the date of the General Assembly, which will be announced later.
Distribution Date The distribution date will be announced after the General Assembly meeting that will approve the dividends’ distribution.
The name of other official authorities and the details of their non-refusal to the recommendation or decision N/A
Additional Information -