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.
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Stock Split Details |
|
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Current Capital |
SAR 35 mln |
|
Number of Shares |
3.5 mln |
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Current Par Value |
SAR 10 per share |
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Post-Stock Split Capital |
SAR 35 mln |
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New Number of Shares |
35 mln |
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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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