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Edaa implements Al-Baha stock split measures
09/07/2023
Argaam
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Logo of Al-Baha Investment and Development Co.
The Securities Depository Center Co. (Edaa) applied today, July 9, the stock split measures of Al-Baha Investment and Development Co., after reducing the stock’s nominal value, to the accounts of eligible shareholders, according to a filing to Tadawul.
Al-Baha shareholders approved the board’s proposal to reduce the stock’s nominal value to SAR 0.10 from SAR 10, during the extraordinary general meeting (EGM) held on July 4, Argaam reported.
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