Capital Market Authority Seeks Feedback on Earnings Meeting Rules
The Saudi Capital Market Authority has launched a project to regulate earnings discussion meetings for listed companies, aiming to enhance transparency and disclosure. This requires all companies to hold two meetings annually after the release of financial results, within five working days. During these meetings, companies will clarify their financial performance, challenges, and opportunities. The recordings and presentation slides will be published immediately on their websites. The objective of this measure is to improve the quality of information provided to investors and ensure they have regular and fair access to company results. Additionally, the public will be able to provide feedback during a consultation period which will end on October 29, 2026. The final version will be implemented after reviewing public comments.
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