Edaa implements securities quantity increase for Bupa Arabia

Logo of Bupa Arabia for Cooperative Insurance Co. 

The Securities Depository Center Co. (Edaa) implemented securities quantity increase for Bupa Arabia for Cooperative Insurance Co.  on the accounts of eligible shareholders today, Dec. 27, the center said in a statement. 

On Dec. 22, shareholders of Bupa Arabia approved increasing capital to SAR 1.5 billion from SAR 1.2 billion through a 25% bonus share distribution. The insurer will distribute one bonus share for every four shares held, Argaam earlier reported. 

For More IPOs