Edaa implements corporate action on Arabian Shield

14/06/2021 Argaam

The Securities Depository Center Co. (Edaa) announced implementing securities quantity increase for Arabian Shield Cooperative Insurance Co. into the accounts of eligible securities’ holders today, June 14, it said in a statement.

 

On June 10, the insurer’s shareholders approved a 33.3% capital hike to SAR 400 million, through bonus share distribution at 1-for-3, Argaam reported.

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