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Alujain plans 51.9M Riyals profit payout
Lajain Company has approved a phased cash dividend distribution for the first half of 2026, totaling 51.9 million SAR, equivalent to 0.75 SAR per share, representing 7.5% of the nominal value per share. Dividends will be distributed to the 69.2 million shares, with shareholders who own shares by the close of trading on August 10, 2026, eligible. The dividend payment is scheduled to commence on August 23, 2026. This comes as Lajain Company approaches the final phase of the NATPET-2 project, which enhances expectations of financing future expansion plans, with the possibility of reassessing additional profit distributions at the end of the year based on financial performance and funding needs.
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