Riyadh - Mubasher: Abdulaziz & Mansour Ibrahim Albabtain Company (Al Babtain Food) has invited its shareholders to attend and vote at the ordinary general meeting (OGM).
The meeting is scheduled to be held remotely via modern technology on 25 June 2026, according to a bourse filing.
The shareholders will vote on the board’s recommendation to distribute cash dividends totaling SAR 1.70 million, equivalent to SAR 0.50 per share, for 2025.
The proposed dividends represent 5% of the company’s SAR 34 million share capital. Meanwhile, the distribution date is proposed as 14 July 2026, upon payment approval.
The agenda also includes voting on authorizing the board of directors to distribute interim dividends on a semi-annual or quarterly basis during the fiscal year ending 31 December 2026.
Shareholders will vote on appointing an external auditor to review and audit the company's quarterly and annual 2026 financial statements and determine the auditor's fees.
The agenda includes reviewing the 2025 board, financial, and auditor reports, alongside voting on the discharge of board members from liability.
Meanwhile, the meeting will also consider approving board remuneration totaling SAR 300,000 for 2025.
Electronic voting through Tadawulaty will commence on 22 June 2026 and continue until the end of the general assembly meeting.
