Logo of Maharah Human Resources Co.
Maharah Human Resources Co.’s board of directors recommended today, July 10, reducing the stock's nominal value from SAR 10 to SAR 1.
In a statement to Tadawul, the company said its capital will remain unchanged, but the number of shares will increase to SAR 475 million from SAR 47.5 million.
The company will complete the necessary measures and will duly announce any relevant updates, the statement added.
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Stock Split Details |
|
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Current Capital |
SAR 475 mln |
|
Number of Shares |
47.5 mln |
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Share Nominal Value |
SAR 10 |
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New Capital |
SAR 475 mln |
|
New Number of Shares |
475 mln |
|
Nominal Value After Stock Split |
SAR 1 |
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