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Automotive industry

Theeb Rent a Car Distributes Interim Cash Dividends to Shareholders

Strategic Insights

— 1 min read

Theeb Rent a Car Company has announced the distribution of interim cash dividends to its shareholders for the second quarter of 2025. As per the Board of Directors' resolution, a total of 23.65 million SAR will be distributed among 43 million eligible shares. Each share will receive a dividend of SAR 0.55, representing 5.5% of the share's par value. Shareholders who own shares on the eligibility date of September 7, 2025, and are registered with the Saudi Securities Depository Center Company (Edaa) by the end of the second trading day following this date will qualify for the dividends.

Key Takeaways:

  • The distribution of interim cash dividends by Theeb Rent a Car Company totals 23.65 million SAR, to be distributed among 43 million eligible shares.
  • Each share will receive a dividend of SAR 0.55, representing 5.5% of the share's par value.
  • Shareholders who own shares on the eligibility date of September 7, 2025, and are registered with Edaa will qualify for the dividends.
  • Foreign non-resident shareholders will be subject to a withholding tax of 5% on cash distributions.
  • Shareholders are advised to ensure their information is up-to-date with custody members to avoid any delays in receiving dividends.
  • The distribution will be handled through Edaa, which will transfer the dividends to shareholders' investment accounts via custody members.
  • The Capital Market Authority and Saudi Exchange have disclaimed responsibility for the content of this disclosure, with Theeb Rent a Car accepting full responsibility for its accuracy.

Statistics:

  • Total dividend distribution: 23.65 million SAR
  • Number of eligible shares: 43 million
  • Dividend per share: SAR 0.55
  • Par value representation: 5.5%
  • Eligibility date: September 7, 2025
  • Distribution date: September 18, 2025
  • Withholding tax rate for foreign non-resident shareholders: 5%
  • Contact number for investor relations: 011-290-4339
  • Email address for investor relations queries: not specified

Sources:

  • Theeb Rent a Car Company
  • Saudi Exchange
  • Saudi Securities Depository Center Company (Edaa)
  • Capital Market Authority
  • Tax Law, Article (68)
  • Executive regulations, Article (63)

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