What strategic acquisitions were approved?

The assembly approved a SAR 255 million stake in Breakthrough Energy Ventures and the acquisition of 70% of Al Hilal Club Company from the Public Investment Fund.

Who was appointed as the external auditor?

Deloitte & Touche & Co. was appointed as external auditor with fees of SAR 4.785 million (excluding VAT).

What was the attendance percentage at the general assembly?

Shareholder attendance was 96.21% via modern technology.

Kingdom Holding Approves SAR 1.04 Billion Dividend Distribution

Kingdom Holding Company (4280) announced that its general assembly approved quarterly cash dividends totaling SAR 1.0376 billion (SAR 0.28 per share) for 2026, representing 2.8% of nominal value. The meeting also approved strategic acquisitions including a stake in Breakthrough Energy Ventures and 70% of Al Hilal Club Company.

By: Wrqti Editorial

May 12, 2026

2 min read

Source: Saudi Exchange via Sahm Platform

Key Numbers

dividend total

SAR 1,037.6 million

dividend per share

SAR 0.28

quarterly dividend

SAR 259.4 million

attendance percentage

96.21%

auditor fees

SAR 4,785,000

director remuneration

SAR 600,000

breakthrough energy acquisition

SAR 255,000,000

al hilal club stake

70%

Kingdom Holding Company (4280) disclosed the results of its Ordinary General Assembly Meeting held on May 11, 2026, in Riyadh, with 96.21% shareholder attendance via modern technology. The results were released on May 12, 2026.

Key Resolutions

Dividend Distribution

Shareholders approved quarterly cash dividend distributions totaling SAR 1,037.6 million (SAR 0.28 per share) throughout 2026, equivalent to 2.8% of nominal share value. Payments of SAR 259.4 million will be made each quarter.

External Auditor Appointment

Deloitte & Touche & Co. was appointed as the external auditor for total fees of SAR 4,785,000 (excluding VAT).

Board Remuneration

Independent board directors were approved for remuneration of SAR 600,000.

Strategic Acquisitions

Stake in Breakthrough Energy Ventures

The assembly approved a SAR 255,000,000 acquisition of a stake in Breakthrough Energy Ventures, LLC, an investment fund focused on clean energy and climate technologies.

Acquisition of Al Hilal Club

Shareholders approved the company's acquisition of 70% shares in Al Hilal Club Company from the Public Investment Fund.

What This Means for Investors

These decisions reflect Kingdom Holding's strategy to balance regular cash returns with strategic investments in clean energy and sports. The dividend enhances shareholder yield, while the acquisitions could open new growth avenues.

Frequently Asked Questions

The total dividend is SAR 1.0376 billion, or SAR 0.28 per share, paid quarterly at SAR 259.4 million per quarter.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.