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Morgan Stanley predicts sodium-ion battery boom

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Shareholders OK 300M Riyals Distribution

Shareholders OK 300M Riyals Distribution

The shareholders of the Cooperative Insurance Company agreed to distribute cash dividends of 300 million riyals for the fiscal year 2025, at a rate of 2 riyals per share. They also approved financing the purchase of shares for the employee incentive program, with a maximum of 212,143 shares. Additionally, the General Assembly decided to appoint auditors and determine the compensation for board members, while delegating the board with the necessary powers for one year. The assembly was held through modern digital means in the presence of 55.74% of the capital.

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