Edaa deposits Saudi Aramco bonus shares in shareholders’ portfolios

17/05/2022 Argaam

Logo of Saudi Aramco


The Securities Depository Center Co. (Edaa) increased today, May 17, the number of Saudi Aramco’s shares in the registered accounts of eligible shareholders.

 

On May 12, Saudi Aramco’s shareholders approved the board recommendation to increase the company’s capital from SAR 60 billion to SAR 75 billion by capitalizing SAR 15 billion from retained earnings through granting shareholders one share for every 10 shares held, Argaam reported.

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