Edaa implements stock split measures on Banan

19/06/2023 Argaam

Edaa implements stock split measures on Banan

Logo of Banan Real Estate Co.

The Securities Depository Center (Edaa) implemented today, June 19, the stock split measures of Banan Real Estate Co., after reducing the stock nominal value, on the accounts of eligible shareholders.  

  

Shareholders approved the board’s recommendation to reduce the stock’s nominal value from SAR 10 to SAR 1, during the extraordinary general meeting (EGM) held on June 14, data compiled by Argaam showed. 

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