Edaa implements stock split for View

08:58 AM (Mecca time) Argaam
Logo ofView United Real Estate Development Co.

Logo of View United Real Estate Development Co.

The Securities Depository Center Company (Edaa) implemented today, Dec. 22, a stock split on View United Real Estate Development Co. (View) securities, adjusting the nominal value on the accounts of eligible shareholders, according to a statement to Tadawul.
 
 
Shareholders approved on Dec. 17 the board’s proposal to reduce the stock’s nominal value from SAR 10 to SAR 1, so that the number of shares amounted to 33 million instead of 3.3 million shares, data available on Argaam showed.

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