Edaa raises number of Al Rajhi Bank’s shares in eligible shareholders’ portfolios

11/05/2022 Argaam
Logo ofAl Rajhi Bank

Logo of Al Rajhi Bank


The Securities Depository Center Co. (Edaa) increased today, May 11, the number of Al Rajhi Bank’s shares in the registered accounts of eligible shareholders.

 

On May 8, the bank’s shareholders approved capital increase to SAR 40 billion from SAR 25 billion through a 60% bonus issue (three shares for every five shares held), Argaam reported.

Comments {{getCommentCount()}}

Be the first to comment

loader Train
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.