Edaa applies Al Kathiri stock split measures

17/04/2023 Argaam

Edaa applies Al Kathiri stock split measures

Logo of Al Kathiri Holding Co.

The Securities Depository Center Co. (Edaa) applied today, April 17, the stock split measures resulting from adjusting the face value of Al Kathiri Holding Co.’s shares to the accounts of eligible holders.

 

Last week, the company’s shareholders approved the board’s proposal for a stock split from SAR 10 to SAR 0.50.

 

Accordingly, the total number of shares will increase to 226.04 million from 11.30 million.

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