Logo of Saudi Industrial Export Co. (Sadirat)
Saudi Industrial Export Co.’s (Sadirat) board of directors amended its previous stock split recommendation to reducing the nominal value from SAR 10 to SAR 1 per share, according to a statement to Tadawul.
Stock Split Details |
|
Current Capital |
SAR 194.4 mln |
Number of Shares |
19.44 mln |
Par Value |
SAR 10/share |
Capital After Stock Split |
SAR 194.4 mln |
Shares After Stock Split |
194.4 mln |
Par Value After Stock Split |
SAR 1/share |
According to data compiled by Argaam, the company’s board recommended, in June 2023, a stock split from SAR 10 to SAR 0.50 per share.
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