Edaa implements stock split for Dar Almarkabah

Logo of Dar Almarkabah for Renting Cars Co.

The Securities Depository Center Company (Edaa) implemented today, Feb. 17, a stock split on Dar Almarkabah for Renting Cars Co. securities, adjusting the nominal value on the accounts of eligible shareholders, according to a statement to Tadawul.

 

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Shareholders approved on Feb. 12 the board’s proposal to reduce the stock’s nominal value from SAR 10 to SAR 0.5, data available on Argaam showed.

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