Edaa applies Thob Al Aseel stock split measures

02/07/2023 Argaam

Edaa applies Thob Al Aseel stock split measures

Logo of Thob Al Aseel Co.

The Securities Depository Center Co. (Edaa) applied today, July 2, the stock split measures resulting from reducing the nominal value of Thob Al Aseel Co.’s shares to the accounts of eligible shareholders.

 

The company’s shareholders approved the board's recommendation to reduce the nominal value from SAR 10 to SAR 1 per share, during the extraordinary general meeting held on June 20, Argaam earlier reported.

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