Thob Al Aseel Co. will complete, on Nov. 18, depositing around SAR 92,812 in proceeds from the sale of fractional shares in the accounts of eligible shareholders, according to a bourse statement.
The company sold 1,557 shares at an average price of SAR 59.60 each.
According to data compiled by Argaam, the company’s shareholders approved in October a 33.33% capital increase to SAR 400 million from SAR 300 million through bonus shares.
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