Logo of WAJA Co.
WAJA Co.’s board recommended during its meeting today, May 21, splitting the stock's par value from SAR 10 to SAR 0.5, while keeping capital unchanged.
Thus, the number of shares will rise to 70 million from 3.5 million shares, said the company, adding that it will commit to completing regulatory procedures.
WAJA also noted that any updates will be announced duly, according to a statement to Tadawul.
|
Stock Split Details |
|
|
Current Capital |
SAR 35 mln |
|
Number of Shares |
3.5 mln |
|
Share Par Value |
SAR 10 |
|
New Capital |
SAR 35 mln |
|
New Number of Shares |
70 mln |
|
Par Value After Stock Split |
SAR 0.5 |
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