stc deposits proceeds from fractional shares sale

26/09/2022 Argaam

stc completed today, Sept. 26, depositing around SAR 1.103 million proceeds from the sale of fractional shares in the accounts of eligible shareholders, according to a bourse statement.

 

The company sold 26,979 shares at an average price of SAR 40.88 each.

 

The company's shareholders approved, on Aug. 30, increasing capital by 150% through a bonus-share distribution.

 

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