“STC” approves the distribution of dividends in 10% cash for the fourth quarter of 2021

The Board of Directors of the Saudi Telecom Company has decided to distribute dividends in cash for the fourth quarter of 2021, at a rate of 10%, of the par value of the share, for a total distributed amount of 1,997 million riyals.

The company said these distributions are in in line with the earnings distribution policy for a period of three years, starting in the fourth quarter of 2021 AD, as approved by the company’s Board of Directors.

The dividend eligibility date will be for shareholders who own shares at the end of trading on Sunday 07/26/1443 AH corresponding to 02/27/2022 AD and for those who are registered in the company’s shareholders’ register at the Securities Deposit Center Company at the end of the second trading day following the maturity date.

The date of distribution will be Thursday 14-08-1443 AH corresponding to 17-03-2022 AD

The total number of treasury shares not entitled to dividends assigned to the employee incentive program was equal to no. 2,850,655 shares through the end of the fourth quarter of 2021.

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