AlRazzi Holding Company commenced today, Tuesday, December 31, 2024, the distribution of cash dividends of 12% to its shareholders.
It is worth noting that the company discussed its agenda items during its ordinary general assembly held on Wednesday, September 11, 2024, which included a recommendation from the Board of Directors to distribute cash dividends for the financial year ending September 30, 2024, at a rate of 12% of the nominal value of each share (equivalent to 12 Fils per share), amounting to a total of K.D 4,814,400. (Four million eight hundred fourteen thousand four hundred Kuwaiti Dinars), for shareholders registered in the company's records up to the date of the general assembly meeting.
One of the key agenda items was also the election of a new Board of Directors for the next three years.