Edaa raises Alinma Bank number of shares in investor portfolios

28/04/2024 Argaam

Edaa raises Alinma Bank number of shares in investor portfolios

Logo of  Alinma Bank

The Securities Depository Center (Edaa) increased the number of Alinma Bank’s shares in eligible shareholder portfolios today, April 28.

 

The bank’s shareholders approved, on April 23, the board of directors’ recommendation to increase capital by 25% by issuing one bonus share for every four shares held via capitalizing part of retained earnings.

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