Logo of Al-Modawat Specialized Medical Co.
Al-Modawat Specialized Medical Co.’s board of directors recommended today, May 9, splitting the stock nominal value from SAR 10 to SAR 1, according to a statement to Tadawul.
Thus, the number of the company's shares will increase from 2.37 million to 23.7 million. The company is committed to completing the necessary related processes, noting that any updates will be announced in due course.
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Stock Split Details |
|
|
Current Capital |
SAR 23.75 mln |
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Current Number of Shares |
2.37 mln |
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Share Par Value |
SAR 10 |
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New Capital |
SAR 23.75 mln |
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New Number of Shares |
23.75 mln |
|
Par Value After Stock Split |
SAR 1/share |
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