Logo of Etihad Etisalat Co. (Mobily) 


Shares of Etihad Etisalat Co. (Mobily) went limit up to close at SAR 42.25, reaching its highest level in seven years, or since 2015, today, March 16.

 

Trading volume reached nearly 14.2 million shares.

 

Mobily said UAE-based Emirates Telecommunications Group Co. (e&) was holding talks on increasing its shareholding in Mobily to 50% plus one share using a pre-conditional partial tender offer under the merger and acquisition regulations issued by the Capital Market Authority (CMA).

 

Mobily was incorporated as a joint stock company on Aug. 18, 2004. The telco started its activities on Dec. 14, 2004, at its incorporation announcement.

 

The Kingdom's second-largest mobile operator was listed on the Saudi Stock Exchange (Tadawul) on Dec. 20, 2004.

 

Mobily Stock Performance

Annual high (SAR)

42.25

March 16, 2022

Annual low (SAR)

29.20

March 22, 2021

Historical high (SAR)

118.75

Feb. 13, 2006

Historical low (SAR)

12.94

Oct. 26, 2017

Highest trading volume (mln shares)

73.36

Nov. 9, 2014

 

Key Financial Indicators

Earnings per share (last 12 months) (SAR)

1.39

P/E (last 12 months) (x)

30.40

Book value (SAR)

19.74

P/B ratio (x)

2.14

 

The company increased its capital twice, as the following table shows:

 

Amendments to Capital (SAR mln)

Date

Hike Method

Old Capital

New Capital

Variation

2013

Bonus Shares

7000

7700

+10%

2008

Right Issue

5000

7000

+40%

 

Comments 0

Be the first to comment

loader Train
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Market Indices

Created with Highstock 6.0.711:…11:0011:3012:0012:3013:0013:3065.4065.6065.8066.0066.20
Close : 65.50 | Feb 20, 11:00

Quotes

Created with Highstock 6.0.711:…11:0011:3012:0012:3013:0013:3065.4065.6065.8066.0066.20
Close : 65.50 | Feb 20, 11:00


Call Request

Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.

Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website