Ready to play
Ready to play
Almarai has approved its strategy for the period from 2026 to 2031, along with its dividend policy aimed at distributing between 40% and 60% of net annual profit as cash dividends until 2030. The dividend distribution policy will commence in 2027, with payouts based on financial performance, cash flows, and operational conditions, subject to approval by the Board of Directors and the General Assembly. The strategy focuses on driving growth, creating value from investments through efficiency improvements, expanding food categories, and increasing market presence, with an emphasis on local manufacturing, achieving food security goals, and economic diversification within the Kingdom. No significant financial impact on the company has been mentioned at this time.
Notice: This Is an AI-Generated Summary
Comments (0)