| Element List | Explanation |
|---|---|
| Introduction | Alghaz Waltsnae Company Eligibility Alqabida (GASCO) announces the Board of Directors’ resolution to distribute cash dividends to shareholders for the first half of fiscal year 2026. |
| Date of the board’s decision | 2026-06-14 Corresponding to 1447-12-28 |
| The Total amount distributed | 112,500,000 |
| Number of Shares Eligible for Dividends | 75,000,000 |
| Dividend per share | 1.5 |
| Percentage of Dividend to the Share Par Value (%) | 15 |
| Eligibility date | 2026-08-23 Corresponding to 1448-03-10 |
| Distribution Date | 2026-09-10 Corresponding to 1448-03-28 |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | Not applicable. |
| Additional Information | The eligibility of dividends distribution will be for the shareholders of the Company who own shares on the eligibility date and are registered in the Company’s share registry at the Securities Depository Center Company (Edaa) at the end of the second trading day following the eligibility date. The company would also like to draw the attention of non-resident investors in the Kingdom to the fact that the profits that the company will pay to them will be subject to a withholding tax of 5% upon transferring those profits or depositing them in their bank accounts, in accordance with the provisions of Article (68) of the Income Tax Law and Article (63) of Its executive regulations. Accordingly, the company emphasizes that non-resident investors who have tax exemptions on dividends issued by the Zakat, Tax and Customs Authority should contact the company within 5 calendar days from the due date and provide the company with documents supporting the tax exemption. The Company is pleased to receive your calls and inquiries through the Investor Relations Department via the following channels: Phone number: 0533669305 Email: investors@gasco.com.sa |
Alghaz Waltsnae Company Eligibility Alqabida announces the board of director’s decision to distribute cash dividends for the First Half of Fiscal Year 2026.
AI Summary
- Alghaz Waltsnae Company (GASCO) board of directors approved a cash dividend distribution of SAR 112.5 million for the first half of fiscal year 2026.
- Shareholders will receive SAR 1.5 per share, representing 15% of the share's par value, across 75 million eligible shares.
- The eligibility date is set for August 23, 2026, with dividend distribution scheduled to begin on September 10, 2026.
- Non-resident investors are subject to a 5% withholding tax on transferred profits, unless documentation for tax exemption is provided within five days of the due date.
