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Al-Yansab Approves 562.5M Riyal Dividends
The Board of Directors of Yanbu National Petrochemical Company (Yansab) has decided to distribute cash dividends for the first half of 2026 totaling 562.5 million SAR, at a rate of 1 SAR per share, which is equivalent to 10% of the share's nominal value. The dividend payout process will commence on September 28, 2026. Shareholders who own shares by the end of trading on September 6, 2026, and are registered in the shareholder register at the end of the second trading day thereafter, will be entitled to receive the dividends through deposit into their linked bank accounts. The distributions also include a withholding tax of 5% for non-resident investors, who must submit the necessary documents within five days of the due date to ensure the proper application of the applicable tax treatment.
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