Saudi Aramco announced the distribution of profits to shareholders for the third quarter by 35 halala per share, valued at 70 billion riyals.
Aramco said in a statement to the Saudi Stock Exchange – «Tadawul», today, Tuesday, that the share per share of the distribution is 0.3518 riyals.
The number of shares payable for dividends is about 199.88 billion shares.
Aramco’s profits declined during the third quarter of this year by 44.6% on an annual basis, recording 44 billion riyals.
The company’s profits declined during the first nine months of the same year by 49%, to reach 131 billion riyals, compared to 255.7 billion riyals in the corresponding period last year.
The lower profits reflect the impact of lower crude oil prices, sales volumes and weak margins in the refining and chemicals business.
These were the details of the news Aramco distributes 70 billion riyals to shareholders for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.
It is also worth noting that the original news has been published and is available at saudi24news and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.
