Tadawul sets APICO fluctuation limits at SAR 40/share

Logo of Arabian Plastic Industrial Co. (APICO) 

Saudi Tadawul Group Holding Co. (Tadawul Group) announced that the fluctuation limits of Arabian Plastic Industrial Co. (APICO) will be based on a price of SAR 40 a share, for today, June 22, with the outstanding orders cancelled.

 

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Furthermore, the Securities Depository Center Co. (Edaa) will deposit the bonus shares into shareholders' portfolios by June 24.

 

APICO's extraordinary general meeting held on June 19 approved increasing capital via a bonus issue, according to data available with Argaam.

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