Edaa implements Al-Baha stock split measures

09/07/2023 Argaam

Edaa implements Al-Baha stock split measures

Logo of Al-Baha Investment and Development Co.

The Securities Depository Center Co. (Edaa) applied today, July 9, the stock split measures of Al-Baha Investment and Development Co., after reducing the stock’s nominal value, to the accounts of eligible shareholders, according to a filing to Tadawul.  

 

Al-Baha shareholders approved the board’s proposal to reduce the stock’s nominal value to SAR 0.10 from SAR 10, during the extraordinary general meeting (EGM) held on July 4, Argaam reported. 

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