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Mecca General Assembly approves 2025 dividends
Shareholders of Makkah Construction and Development Company have approved the distribution of cash dividends totaling 300 million riyals for the fiscal year 2025, at a rate of 1.50 riyals per share, which is 15% of the nominal value of the share. The dividend distribution will begin on June 22, 2026, and will include shareholders who held shares as of the end of the designated assembly day. Additionally, the company also approved the members of the Board of Directors' clearance for the same fiscal year and allocated their remuneration amounting to 5.37 million riyals.
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