Almuneef board recommends 10:1 stock split

08:51 AM (Mecca time) Argaam
Logo ofAlmuneef Co.for Trade, Industry, Agriculture and Contracting

Logo of Almuneef Co. for Trade, Industry, Agriculture and Contracting

Almuneef Co. for Trade, Industry, Agriculture and Contracting’s board of directors recommended splitting the stock nominal value from SAR 10 to SAR 1, according to a statement to Tadawul. 

 

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The company is committed to completing the necessary related processes, noting that any updates will be announced in due course. 

 

Stock Split Details 

Current Capital 

SAR 38mln 

Current Number of Shares 

3.8 mln  

Current Share Par Value 

SAR 10 

New Capital 

SAR 38 mln 

New Number of Shares 

38 mln  

Par Value After Stock Split

SAR 1

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