Logo of Saudi Industrial Export Co. (SIECO)

Shares of Saudi Industrial Export Co. (SIECO) hit their highest close since April 2013, at SAR 73.20 today, May 16.

 

The stock closed today's session at its highest level, with a traded volume of 4,980 shares made through 32 transactions.

 

The company's general assembly recently approved an increase in the capital from SAR 21.6 million to SAR 194.4 million, through a rights issue of SAR 172.8 million.

 

SIECO was established in 1990, focusing on marketing and exporting national industrial products, among other things, inside and outside Saudi Arabia. Its activities also include re-export, bartering, and import.

 

SIECO Stock Performance

Annual High (SAR)

73.20

Today, May 16

Annual Low (SAR)

28.21

Nov. 23, 2021

Historical High (SAR)

207.81

Nov. 21, 2006

Historical Low (SAR)

3.04

June 7, 1999

Highest Traded Volume (SAR mln)

22.4

April 21, 2013

 

The company amended its capital five times, as follows:

 

Capital Amendments (SAR mln)

Date

Method

Previous Capital

New Capital

Change

2022

Rights Issue

21.60

194.40

800%

2022

Capital Cut

64.80

21.60

(67%)

2018

Rights Issue

10.80

64.80

500%

2017

Capital Cut

108.00

10.80

(90%)

2007

Bonus Issue

72.00

108.00

50%

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