Riyadh – Mubasher: Al Sagr Cooperative Insurance Company has officially initiated the electronic voting period for its upcoming Ordinary General Assembly meeting that is scheduled to take place on 22 June 2026, according to a bourse filing.
Al Sagr Cooperative issued a reminder to its shareholders regarding the Ordinary General Assembly (first meeting), which is set to be held both in person and via remote participation.
In addition to the digital voting provisions, the assembly will be conducted through a hybrid format. While the physical meeting will take place at the company’s management offices, the integration of modern technology will allow for real-time remote attendance. This dual-modality is intended to maximize attendance and meet the legal requirements for a quorum during the first meeting of the assembly.
The commencement of the electronic voting period represents a critical step for Al Sagr Cooperative Insurance as it prepares to address the items on its Ordinary General Assembly agenda.
By providing a multi-day window for remote voting and maintaining open communication channels through its Investor Relations team, the company aims to ensure a comprehensive and compliant assembly process. This structured approach to shareholder engagement reflects the regulatory standards of the Saudi capital market and the company’s commitment to administrative clarity.
The company earlier revealed its plan to utilize the statutory reserve balance to partially absorb its accumulated losses.
