Edaa applies stock split measures on Electrical Industries shares

03/10/2023 Argaam
Logo ofElectrical Industries Co.

Logo of Electrical Industries Co.


The Securities Depository Center Co. (Edaa) applied stock split measures to Electrical Industries Co. (EIC) share prices after reducing the nominal value today, Oct. 3, in the accounts of eligible shareholders.

 

EIC shareholders approved the board’s recommendation to reduce the stock par value from SAR 10 to SAR 0.5, during the extraordinary general meeting (EGM) held on Sept. 28, Argaam reported.

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