Zahrat Al Waha EGM to vote on stock split to SAR 1 on Nov. 18

19/10/2025 Argaam
Logo ofZahrat Al Waha for Trading Co.

Logo of Zahrat Al Waha for Trading Co.

Zahrat Al Waha for Trading Co.’s shareholders will vote on the board's recommendation to adjust the stock’s par value from SAR 10 to SAR 1 per share, during the extraordinary general meeting (EGM) to be held on Nov. 18.

 

Stock Split Details

Current Capital

SAR 225 mln

Number of Shares

22.5 mln

Current Par Value​

SAR 10/share

New Capital

SAR 225 mln

New Number of Shares

225 mln

New Par Value​

SAR 1
 

In a statement to Tadawul today, Oct. 19, the company confirmed that there will be no change to its capital of SAR 225 million before or after the planned stock split.

 

If approved, the decision will apply to all shareholders of record on the EGM date and those registered with the Securities Depository Center (Edaa) by the close of trading on the second day following the record date.

 

The company added that the adjustment will reflect on the stock price starting from the next business day after the EGM, while the change in the number of shares in shareholders’ portfolios will apply on the second trading day following the meeting date.

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