Jarir board proposes stock split from SAR 10 to SAR 1

15/03/2023 Argaam

Jarir board proposes stock split from SAR 10 to SAR 1

Jarir Bookstore logo

The board of Jarir Marketing Co. ​recommended today, March 15, a stock split from SAR 10 to SAR 1, which will be submitted to the upcoming extraordinary general meeting, according to a statement to Tadawul.

 

Accordingly, total number of shares will increase to 1.2 billion from 120 million shares.
 

Stock Split Details

Current Capital

SAR 1.2 bln

Number of Shares

120 mln

Share par Value

SAR 10

New Capital

SAR 1.2 bln

New Number of Shares

1.2 bln

Par Value after Stock Split

SAR 1 per share

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