NAF shareholders approve 10-for-1 stock split

Logo of Naf Company for Feed for Industry

Shareholders of Naf Company for Feed for Industry approved a 10-for-1 stock split, reducing the par value of the company’s shares to SAR 1 from SAR 10 and increasing the number of shares to 20 million from 2 million, with no change to share capital.

 

Stock Split Details

Current capital

SAR 20 mln

Current number of shares

2 mln shares

Current par value

SAR 10/share

New Capital

SAR 20 mln

New No. of Shares

20 mln shares

New Par Value

SAR 1/share

 

In a statement on Tadawul, NAF said shareholders also authorized the board of directors to distribute interim dividends on a semiannual or quarterly basis for 2026.

 

Separately, Tadawul said the price fluctuation limits for NAF shares would be calculated based on a reference price of SAR 3.42 on June 25, and that all outstanding orders had been canceled.

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