SAIB deposits fractional shares after capital hike

30/04/2017 Argaam

Following its capital increase, Saudi Investment Bank (SAIB) has sold 1,251 fractional shares at SAR 12.63 per share for a total of SAR 15,800, and deposited the funds today in the shareholders’ accounts, the bank said in a statement to Tadawul on Sunday.

 

On April 17, SAIB’s extraordinary general assembly approved increasing capital to SAR 7.5 billion from SAR 7 billion by issuing one bonus share for every 14 shares held, Argaam reported earlier. 

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.