Logo of Al-Baha Investment and Development Co.
Al-Baha Investment and Development Co.’s board of directors recommended, on May 30, splitting the stock's par value from SAR 10 to SAR 0.1, while keeping the company’s capital unchanged.
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Stock Split Details |
|
|
Current Capital |
SAR 297 mln |
|
Number of Shares |
29.7 mln |
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Share Par Value |
SAR 10 |
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New Capital |
SAR 297 mln |
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New Number of Shares |
2.97 bln |
|
Share Par Value After Stock Split |
SAR 0.1 |
In a statement to Tadawul, the company confirmed its commitment to completing the necessary related process, adding updates will be announced in due course.
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