Sadirat board proposes 10-for-0.50 stock split

14/06/2023 Argaam

Sadirat board proposes 10-for-0.50 stock split

Logo of Saudi Industrial Export Co. (Sadirat)


Saudi Industrial Export Co.’s (Sadirat) board of directors recommended on June 13 a stock split from SAR 10 to SAR 0.50 per share, according to a statement to Tadawul.

 

Stock Split Details

Current Capital

SAR 194.4 mln

Number of Shares

19.44 mln

Par Value

SAR 10/share

Capital After Stock Split

SAR 194.4 mln

 Shares After Stock Split

388.80 mln

Par Value After Stock Split

SAR 0.50/share

 

Sadirat said it is committed to finalizing the relevant measures and any updates will be revealed in due course.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
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.

Most Read