KEIR board plans stock split from SAR 10 to SAR 1

Logo of KEIR International Co.

KEIR International Co.’s board of directors recommended, on March 29, a stock split from SAR 10 to SAR 1 (10-for-one), according to a statement to Tadawul.

 

Accordingly, the total number of shares will increase to 120 million from 12 million, in accordance with the procedures and controls stipulated in the relevant laws and regulations. 

 

Stock Split Details

Current Capital

SAR 120 mln

Current Number of Shares

12 mln

Par Value

SAR 10/share

Capital After Stock Split

SAR 120 mln

New Number of Shares

120 mln

Par Value after Stock Split

SAR 1/share
 

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