Al Yamamah Steel shareholders to vote on interim dividends for 2023 on Feb. 19

Logo of Al Yamamah Steel Industries Co.


Al Yamamah Steel Industries Co.’s shareholders will vote on the board and auditor reports, as well as financial statements for 2022, during the ordinary general meeting (OGM), slated for Feb. 19, according to a bourse filing.

Shareholders will vote on authorizing the board to distribute interim dividends on a semi-annual or quarterly basis for 2023.

They will also vote to discharge the board of directors from liability for 2022, and appoint an external auditor to review and audit financial statements for Q2, Q3, Q4 2023 and Q1 2024.

In addition, shareholders will vote on the business and contracts concluded with other companies.

The e-voting on the agenda items will start as of Feb. 15.