Edaa implements KnowledgeNet stock split measures

10/07/2023 Argaam
Logo ofKnowledgeNet Co.

Logo of KnowledgeNet Co.

The Securities Depository Center Co. (Edaa) applied today, July 10, the stock split measures of KnowledgeNet Co., after reducing the stock’s nominal value, to the accounts of eligible shareholders, according to a filing to Tadawul.
 
Last week, the extraordinary general meeting approved the board's recommendation on reducing the stock's nominal value from SAR 10 to SAR 1 per share, as reported earlier by Argaam.

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