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Our Water Assembly okays cash dividends and stock plan
Shareholders of Mi’ water Company approved a cash dividend distribution of 24.14 million riyals for the year 2025, at a rate of 0.15 riyals per share, which is equivalent to 15% of the share's nominal value. They also approved launching an employee stock program, with the company purchasing up to one million shares and allocating them to the program over 18 months, with the company retaining the shares for up to seven years. Additionally, governance policies and dealings with related parties were updated, along with the approval of various regulatory and governance amendments.
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