Edaa implements Retal stock split measures

07/05/2023 Argaam
Logo ofThe Securities Depository Center Co.

Logo of The Securities Depository Center Co.

The Securities Depository Center Co. (Edaa) applied today, May 7, the stock split measures resulting from adjusting the face value of Retal Urban Development Co.’s shares to the accounts of eligible holders.

 

Last week, the company’s shareholders approved the board’s proposal for a stock split from SAR 10 to SAR 1.

 

Accordingly, the total number of shares will increase to 400 million from 40 million.

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