Marble Design board recommends 10:1 stock split

20/04/2025 Argaam
Logo ofMarble Design Co.

Logo of Marble Design Co.

Marble Design Co.’s board of directors recommended splitting the stock nominal value from SAR 10 to SAR 1, according to a statement to Tadawul.  

 

Upon the stock split, the company’s number of shares will rise to 60 million from 6 million shares at present. The company’s capital will remain unchanged.

 

Stock Split Details 

Current Capital 

SAR 60 mln 

Current Number of Shares 

6 mln  

Share Par Value 

SAR 10 

New Capital 

SAR 60 mln 

New Number of Shares 

60 mln  

Par Value After Stock Split 

SAR 1/share 
 

The company is committed to completing the necessary related processes, noting that any updates will be announced in due course. 

 

For more news on listed companies

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