Edaa implements stock split for Ladun

05/06/2023 Argaam

Edaa implements stock split for Ladun

Logo of Ladun Investment Co.

The Securities Depository Center Co. (Edaa) implemented stock split on Ladun Investment Co. securities resulted from adjusting the face value today, June 5, into the accounts of eligible holders.

 

Last week, the company’s shareholders approved the board’s proposal to reduce the stock’s nominal value from SAR 10 to SAR 1, without any change to the company’s capital, Argaam reported.

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