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Academy of Learning Co. announces its Interim Financial Results for the Period Ending on 2022-06-30 ( Six Months )
Academy of Learning company announced the Interim Financial Results for the Period Ending on 2022-06-30 ( Six Months ), as the company achieved a growth in net profit of 10.288%. However, the earnings per share index did not reflect that improvement due to the difference in the weighted average of shares during the current period with the comparison period, where the weighted average of shares reached during the current period 6,000,000 shares compared to 4,515,616 shares for the similar period of the previous year.
Academy of Learning opens a new higher training institute for women in the city of Dammam
Academy of Learning company is pleased announce the opening of a new higher training institute for women in the city of Dammam on Wednesday August 17, 2022 AD. The institute is located in the center of Dammam city, on Jubail Dhahran Highway, in Al-Rawdah district, with a gross building area of (1585) square meters. This is the third branch of the company in Dammam and its largest, with (1200) female students’ accommodation capacity. It was designed and equipped with the best modern educational technical specifications, and contains multiple classrooms, laboratories and a large multi-usage hall, a cafeteria, and many lounges for the students. The financial impact will show from the second half of the year 2022 AD. Thus, the number of the academic institutes in the Eastern Province has become (13) educational training institutes.
Saudi Exchange Celebrates the listing of the Academy of Learning company on the Nomu – Parallel Market
Riyadh, 18 July 2022: Today, the Saudi Exchange celebrated the listing of the Academy of Learning Company, a vocational training company, on the Saudi Exchange’s Nomu – Parallel Market. The ceremony was attended by Mr. Mohammed Al Rumaih, CEO of Saudi Exchange, and Mr. Khalid Al-Ammar Chairman of Academy of Learning Company. Speaking on the occasion, Mohammed Al Rumaih, CEO of Saudi Exchange said: “This listing marks a new addition in the growth process of the parallel market. Through this ceremony, we continue to build on the momentum witnessed by the Saudi financial market, to provide wider options to investors, support the growth of their investment portfolios, and enhance our position as a leading financial market regionally and globally. We look forward to continuing this strong performance during the second half of the year and consolidating the position of the Saudi Stock Exchange on a global stage. I would like to congratulate the Academy of Learning management on this achievement, and wish them success in their new path as a listed company
Academy of Learning Co announces its dividend policy for 2022, 2023, 2024
Academy of Learning Co. announces that the company’s board of directors, in its meeting on 20-12-1443 AH corresponding to 19-07-2022 AD, approved the dividend policy for the years 2022 and 2023 and 2024, and it will be presented during the next general assembly meeting for approval, the date will be announced later. The policy aims to maintain a minimum dividend per share on the basis of three riyal annually. The dividend policy is as follows: Academy of Learning Company aims to distribute 1.5 Saudi riyals per share for each half-year period, for the three years 2022 and 2023 and 2024. Note that the dividend policy will be subject to change based on any fundamental changes in the company's strategy or sharp fluctuations in prices or any obligations that may arise for the company in the future
Academy of Learning Co. announces the distribution of cash dividend for first half of 2022
The Academy of Learning Co. announces the recommendation of the Board of Directors, after reviewing the company's internal results for the first half of 2022 AD. Distribution of cash dividends to shareholders.
Correction announcement from Academy of Learning Co. in regard to announces the distribution of cash dividend for first half of 2022
Correction announcement from Academy of Learning Co. in regard to announces the distribution of cash dividend for first half of 2022 Clarification clause: The date of the announcement previously published on the website of the Saudi Stock Exchange (Tadawul) to be corrected 21-12-1443 corresponding to 07-20-2022. The link to the previous announcement click here. The wrong statement in the previous announcement. The distribution ratio to the nominal share value 30%. Correcting the error, The distribution ratio to Nominal Share Value 15%. Neither the Capital Market Authority nor the Saudi Tadawul takes any responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
Academy of Learning Co. Announces Resignation and Appointment of a Board Member
Academy of Learning Company announces that the Board of Directors has approved the resignation of Mrs. Suha Saad Al-Saif as Non-Executive Member Board member where she submitted her resignation on 18/ 7/ 2022 for personal reasons And has approved the appointment of Mr. Saadoun Khaled Al-Khalidi as a (Non-Executive Member) of the Board of Directors for the current session of the Board, which ends on 15/6/2026 , starting from the date 19 / 7/ 2022
Academy of Learning Company invites its shareholders to attend the Ordinary General Assembly meeting (the first)
The Board of Directors of the Academy of Learning Company is pleased to invite the shareholders to participate in the Ordinary General Assembly meeting (the first and second meeting after an hour), which will be held via means of modern technology, at 18:30 pm on Tuesday 25-01-1444 AH corresponding to 23-08-2022 AD.
For the second time in a row Academy of Learning Company receives the Labor Award for Saudization services in the education sector
Academy of Learning is honored to receive the Labor Award (for the second year in a row) for the Saudization services in the education and school sectors presented by Ministry of Human Resources and Social Development. This award comes as a result to the encouragement and development of our national youth and the investment in their potentials and ambitions. This award is an embodiment of AOL excellent standards and the belief in the potentials of the Saudi youth in line with the promising vision of the Kingdom 2030.
ACADEMY OF LEARNING COMPANY ANNOUNCES THE DIVIDEND DISTRIBUTION METHOD FOR THE SECOND HALF OF 2022 AD
With reference to Academy of Learning Company announcement on 27 / 12 /2022 regarding the Board of Directors' recommendation to distribute the cash dividend for the second half of 2022 AD, Academy of Learning Company is pleased to inform its Shareholders that the dividend distribution of the second half of 2022 AD will commence on Sunday 16 / 04 / 2023, at ( 2 ) SR dividend per share in accordance with the decision of the General Assembly held on 05 / 04 /2023.