Trading in United Assurance halted to reflect capital reduction

10/06/2018 Argaam

The shares of United Cooperative Assurance Co. (UCA) will be suspended for two working days starting June 10 until the Securities Depository Center Company (Edaa) reflects shares reduction on investors’ portfolios, the Saudi Stock Exchange (Tadawul) said in a statement on Sunday.

 

Meanwhile, the share's fluctuation limit after its capital reduction will be based on a share price of SAR 12.62, it added.

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