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Ata proposes 31.6 million riyals in dividends
The Board of Directors of Ataat Educational Company has recommended a cash dividend distribution of 31.57 million SAR for the second half of the fiscal year ending July 31, 2026. The total distribution will amount to 0.75 SAR per share, for 42,087,215 shares, representing 7.5% of the share's nominal value. The distribution process involves confirming the shareholders' rights who own shares at the end of the trading day of the upcoming General Assembly meeting. The implementation is subject to the approval of the assembly and completion of the statutory procedures. The company has urged shareholders to update their bank account details to ensure the timely deposit of dividends at the start of the distribution.
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