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Qou Telecom shareholders approve 11.9M riyal profits

Qou Telecom shareholders approve 11.9M riyal profits

Shareholders of Etihad Atheeb Telecommunications Company "GO" approved a cash dividend distribution of 11.9 million Riyals for the year ending in March 2026, at a rate of 0.35 Riyals per share, which is equivalent to 3.5% of its nominal value. The dividend payment is scheduled to commence on September 16, 2026. Additionally, the general assembly approved authorizing the Board of Directors to conclude certain contracts with related companies, including services related to finance and cybersecurity. However, the assembly rejected proposals to amend the policies for appointing board members. The meeting was held through modern electronic means in Riyadh.

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