Al Othaim’s fluctuation limit set at SAR 86.86

24/04/2018 Argaam

 

Abdullah Al Othaim Markets Co.’s daily fluctuation limit after its capital increase will be based on a share price of SAR 86.86 as of April 24, the Saudi Stock Exchange (Tadawul) said in a statement on Tuesday.

 

The Securities Depository Center (Edaa) will deposit the additional shares into the investor’s portfolios by Thursday, April 26, 2018, the stock exchange added.

 

Al Othaim’s extraordinary general assembly approved on Monday a 100 percent capital hike to SAR 900 million from SAR 450 million through the issue of one bonus share for every share held.

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.