Edaa implements capital hike on WSM

Logo of WSM for Information Technology Co.

The Securities Depository Center Co. (Edaa) applied the increase in the number of WSM for Information Technology Co.’s shares to the accounts of eligible shareholders today, April 21, according to a Tadawul statement.

For more news on listed companies

According to Argaam’s data, WSM shareholders approved, on April 17, the board's recommendation of a 10% capital increase, to be financed from the company’s retained earnings and to be allocated to the employee shares program.