| Element List | Explanation |
|---|---|
| Introduction | Saudi Aramco Base Oil Company- Luberef announces the board of directors’ decision to distribute cash dividends to shareholders of SAR 673,062,520 for the first half of 2026. |
| Date of the board’s decision | 2026-07-30 Corresponding to 1448-02-16 |
| The Total amount distributed | SAR 673,062,520 |
| Number of Shares Eligible for Dividends | 168,265,630 |
| Dividend per share | SAR 4 |
| Percentage of Dividend to the Share Par Value (%) | 40 |
| Eligibility date | 2026-10-01 Corresponding to 1448-04-20 |
| Distribution Date | 2026-10-15 Corresponding to 1448-05-04 |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | None |
| Additional Information | The company calls upon its Shareholders to quickly update their data and ensure that their bank account numbers are linked to their investment portfolios to ensure that their dividend are deposited in their accounts with the banks on the distribution day. The company would like to draw the attention of non-resident investors, the dividend paid by the Company is subject to a withholding tax of 5% upon transfer to non-resident investors or credited to their bank accounts according to the provisions of Article (68) of the Income Tax Law and Article (63) of its Implementing Regulations. Accordingly, the Company emphasize to non-resident shareholders who have tax exemptions on dividends issued by the Zakat, Tax and Customs Authority, to communicate this to the Company and provide the Company with all documents supporting the tax exemption. For inquiries, please contact Investor Relations Department at: Tel: +966920003550 E-mail: ir@luberef.com |
Saudi Aramco Base Oil Company - Luberef announces the Board of Director decision to distribute cash dividends to shareholders for the first half of 2026
AI Summary
- Luberef's Board of Directors approved a cash dividend distribution of SAR 673,062,520 for the first half of 2026.
- Shareholders will receive SAR 4 per share, which represents 40% of the share's par value.
- The eligibility date for shareholders is October 1, 2026, with the payment distribution scheduled for October 15, 2026.
- Dividends paid to non-resident investors are subject to a 5% withholding tax unless specific tax exemption documentation is provided.
