Edaa implements Batic stock split measures

03/07/2023 Argaam

Edaa implements Batic stock split measures

Logo of Batic Investments and Logistics Co.


The Securities Depository Center Co. (Edaa) implemented today, July 3, the stock split measures on Batic Investments and Logistics Co. resulting from adjusting the stock nominal value, to the accounts of eligible securities’ holders, according to a statement on Tadawul.

 

Batic’s shareholders recently approved the reduction of the stock nominal value from SAR 10 to SAR 1, data compiled with Argaam showed.

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