Logo of Alinma Bank
The Saudi Exchange (Tadawul) adjusted the single stock options (SSO) and single stock futures (SSF) contracts of Alinma Bank following the bank’s recent capital increase.
The contract code, strick price, and contract size for SSO contracts of Alinma Bank shares will be adjusted today, April 22.
Similarly, the contract code, reference price, and contract size for SSF contracts of the bank’s shares will also be adjusted.
Argaam data showed Alinma Bank shareholders had approved a 20% capital increase through the distribution of one bonus share for every five shares held, via the capitalization of SAR 5 billion from the statutory reserve and retained earnings in equal proportions.
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