Edaa implements stock split on Almuneef

09:34 AM (Mecca time) Argaam
Logo ofAlmuneef Co. for Trade, Industry, Agriculture and Contracting

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

The Securities Depository Center Co. (Edaa) implemented today, Nov. 28, stock split measures resulting from adjusting the nominal value of Almuneef Co. for Trade, Industry, Agriculture and Contracting’s shares to the accounts of eligible shareholders.

 

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Almuneef’s extraordinary general assembly (EGM), held on Nov. 25, approved splitting the stock nominal value from SAR 10 to SAR 1. As a result, the total number of shares will stand at 38 million, data compiled by Argaam showed.

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