Edaa implements stock split measures on Watani Steel

11/10/2023 Argaam

Edaa implements stock split measures on Watani Steel

Logo of Watani Iron and Steel Co.

The Securities Depository Center Co. (Edaa) implemented today, Oct. 11, stock split measures resulting from adjusting the nominal value of Watani Iron Steel Co.’s (Watani Steel) shares to the accounts of eligible shareholders.

 

Watani Steel shareholders approved splitting the share's nominal value from SAR 10 to SAR 1 during the extraordinary general meeting (EGM) on Oct. 8, according to data available on Argaam.

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