Riyadh - Mubasher: The shareholders of Hawyia Auctions Company approved the distribution of SAR 10 million in cash dividends for 2025 during the company’s ordinary general meeting (OGM), according to a bourse filing.
The Tadawul-listed company will pay out a dividend of SAR 0.50 per share within a period not exceeding 15 days from the eligibility date of 7 June 2026.
Moreover, the assembly authorized the board of directors to distribute interim dividends on a semi-annual or quarterly basis. It also approved the appointment of Yasser Al Zouman, Khalid Al Fahad, and Zaher Al Hajjaj for professional consulting as external auditors for 2026's financial results at a total fee of SAR 220,800.
In addition, the meeting passed related-party transactions with Alsolaiman Real Estate Company for 2026 under an exclusive marketing and brokerage agreement. These contracts cover the marketing, sale, and leasing of current and future real estate projects in exchange for commissions of 2.50% on real estate unit sales, 5% on annual rental values, and marketing costs based on a cost-plus model.
