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Shari share declines 1.83% post dividend approval
Despite Shari Trading Company's announcement of its approval to distribute cash dividends of 15 million riyals for the year 2025, the company's stock declined by 1.83%, reaching 23.56 riyals during trading. This occurred after a session that saw around 197,370 shares traded, with the highest price at 23.90 riyals and the lowest at 23.49 riyals. The dividend payout date has been set to start from July 2, 2026. Additionally, the general assembly approved authorizing the board of directors to distribute interim profits for 2026 based on the company's results.
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