| Element List | Explanation |
|---|---|
| Introduction | Arabian Drilling announces the Board of Directors’ decision not to distribute cash dividends to shareholders for 2025 |
| Date of the board’s decision | 2026-02-26 Corresponding to 1447-09-09 |
| Reasons for Not Recommending Distribution | Reference the authorization granted by the General Assembly in its meeting held on 28 May 2025 for the Board of Directors to distribute interim dividends on a semi annual basis for the financial year 2025, the Board of Directors has decided not to distribute cash dividends to shareholders for the financial year ending 31 December 2025. This decision is based on the challenges in rig demand observed during 2025 in Saudi Arabia and delivering on its local and international expansion plans. |
| Additional Information | N/A |