Edaa transfers Saudi Aramco’s bonus shares into shareholders’ accounts

The Securities Depository Center Company (Edaa) transferred Saudi Aramco’s bonus shares into the eligible shareholders’ accounts on July 25, 2020, a statement on Tadawul said.

According to data available with Argaam, eligible Saudi retail bonus investors, who continuously and uninterruptedly hold offer shares the date on which Aramco’s shares debuted on Tadawul until the end of trading on June 7 (the end of the bonus shares holding period), will be entitled to receive 1 share for every 10 allocated offer shares, provided that the number of shares does not exceed 100 bonus shares.