The company "سوق دبي المالي" will hold a general meeting of shareholders on April 7, 2025, where the proposal for the payment of dividends in the amount of 3.2% of capital will be considered, which amounts to 3.2 fils per share for the year 2024.
"Prosh Bi El Si" will also discuss at the general meeting of shareholders on April 7 the proposal to pay out cash dividends in the amount of 650 million dollars (approximately 2.4 billion dirhams, which constitutes about 7.9 fils per share) for the second half of 2024.
At the meeting, a new board of directors will also be elected for a term of three years, and other issues will be discussed. Shareholders will consider the approval of agreements with third parties totaling 1.86 billion dirhams throughout 2024, in accordance with the company's budget for this period.
It is also planned to approve the conclusion of agreements with interested parties in the range of 30% of its capital. There will also be a discussion on the decision to purchase the company up to 2.5% of its own shares upon obtaining all necessary regulatory approvals that may be required for the implementation of this decision, and the advice of the board of directors to complete the purchase process.
