Bena Steel delegates board to distribute interim dividends for 2024

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Bena Steel Industries Co.’s shareholders delegated the board of directors to distribute interim cash dividends for 2024 on a semi-annual or quarterly basis.

The decision came during the ordinary general meeting (OGM) held on June 6, the company said in a statement to Tadawul.

Shareholders also approved to absolve the board members from legal liability for the fiscal year ended Dec. 31, 2023 and approved related party transactions that took place during the same period.