Edaa deposits Salama tradable rights today

Logo of  Salama Cooperative Insurance Co.  


The Securities Depository Center Co. (Edaa) deposited today, Nov. 8, the tradable rights of Salama Cooperative Insurance Co.  into the accounts of eligible shareholders, the insurer said in a statement to Tadawul.

 

According to data compiled by Argaam, the company’s shareholders approved on Nov. 5 the board’s recommendation to increase capital by issuing rights shares worth SAR 100 million.

 

Rights trading will begin on Nov. 9 and end on Nov. 16, while subscription to the new shares will start on Nov. 9 and close on Nov. 21.

Comments 0

Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.
Call Request

Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.

Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website