Edaa implements securities quantity decrease for SIDC

25/09/2024 Argaam
Logo ofSaudi Industrial Development Co. (SIDC)

Logo of Saudi Industrial Development Co. (SIDC)

The Securities Depository Center Co. (Edaa) implemented today, Sept. 25, the securities quantity decrease for Saudi Industrial Development Co. (SIDC) on eligible shareholders' accounts, according to a statement to Tadawul.

 

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Shareholders approved the board’s proposal to cut capital by 66.25% from SAR 400 million to SAR 135 million during the extraordinary general meeting (EGM) held on Sept. 19, data compiled with Argaam showed.

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