Burgerizzr board proposes stock split from SAR 10 to SAR 1
22/03/2023
Argaam

Logo of Shatirah House Restaurant Co. (Burgerizzr)
Shatirah House Restaurant Co.’s (Burgerizzr) board recommended today, March 22, a stock split from SAR 10 to SAR 1, according to a statement to Tadawul.
Accordingly, the total number of shares will increase to 35 million from 3.5 million.
|
Stock Split Details |
|
|
Current Capital |
SAR 35 mln |
|
Number of Shares |
3.5 mln |
|
Current Par Value |
SAR 10 per share |
|
Post-Stock Split Capital |
SAR 35 mln |
|
New Number of Shares |
35 mln |
|
Post-Stock Split Par Value |
SAR 1 per share |
In a statement to Tadawul, the company noted its commitment to completing the necessary related procedures, with any material developments in this regard to be announced in a timely manner.
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