Edaa announces corporate action on AXA Insurance

19/12/2019 Argaam

The Securities Depository Center Co. (Edaa) has implemented the securities quantity increase for AXA Cooperative Insurance Co. into the accounts of eligible shareholders today, Thursday, December 19, according to a bourse filing.

 

Earlier this week, the company's shareholders approved an 11.11% capital hike to SAR 500 million from SAR 450 million through the issuance of bonus shares.

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