Lajam for Sports shareholders approve 29.3M Riyals payout
L'ajaan Sports Company has approved a cash dividend distribution of 29.32 million Riyals for the first quarter of 2026, increasing the dividend per share to 0.58 Riyals, which constitutes 5.8% of the nominal value of the share. The dividends will be paid starting from June 29, 2026. Additionally, the General Assembly approved authorizing the Board of Directors to distribute phased dividends on a semi-annual or quarterly basis. It also approved amendments to the company's bylaws and the empowerment of the Board of Directors, along with the appointment of Ernst & Young as the external auditor.
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