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CIC General Assembly approves 2025 funds
The General Assembly of Cisco Holding Company approved a cash dividend distribution of 65 million riyals for the year 2025, at a rate of 0.8 riyals per share, representing an 8% payout ratio. Additionally, a new Board of Directors was elected for a four-year term, agreements with related parties were approved, and an external auditor was appointed to review the financial statements for the upcoming years.
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