24 Hrs
Source:
الاقتصادية
_1777294237270_124456903.png&w=64&q=75){kind=small}
Almarai unveils five-year plan with up to 60% dividends
Almarai, the Saudi company, announced that it will adopt an annual profit distribution policy ranging between 40% and 60% of net profit for the periods from 2026 to 2030, with the aim of improving shareholder returns and achieving a balance between distributions and funding needs. This policy will be implemented starting in 2027, with distributions determined based on financial performance, cash flows, and future investments. The company also launched a new strategy for the period from 2026 to 2031, focusing on strengthening business resilience, improving efficiency, and expanding activities in promising food sectors to support sustainable growth and generate long-term value for shareholders. Additionally, the company noted that its quarterly results last year showed modest profit growth despite rising costs, while continuing to ensure demand fulfillment through effective supply chain management.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)