Fawaz Alhokair shares hit lowest close since 2009

Logo of Fawaz Abdulaziz Alhokair Co.

Shares of Fawaz Abdulaziz Alhokair Co. sank today, July 4, to the maximum at SAR 18.74 apiece, registering the lowest price in 13 years, or since August 2009, amid trading of 2.9 million shares.

Last week, Fawaz Alhokair’s shareholders approved the board of directors’ recommendation to reduce capital to SAR 1.15 billion to offset accumulated losses.

Founded in 1990, Fawaz Alhokair listed its shares on the Saudi Stock Exchange in December 2006. The company is positioned as a standout resource in the retail franchising industry.

Fawaz Alhokair's Stock Performance
Annual High (SAR)	43.69	July 5, 2021
Annual Low (SAR)	18.74	Today, July 4, 2022
Historical High (SAR)	236.03	Oct. 2, 2014
Historical Low (SAR)	12.99	March 11, 2009
Highest Trading Volume (mln shares)	58.98	Dec. 23, 2006 (First day of listing)

The following table shows the most important financial indicators of the company:

Key Financial Indicators
Book Value (SAR)	5.32
P/B Ratio (x)	3.52

The company increased its capital three times to reach the current capital of SAR 700 million.

Capital Amendments (SAR mln)
Date	Method	Previous Capital	New Capital	Change
2022	Capital Cut	2,100	1147.66	(45.35%)
2014	Bonus Shares	1,050	2100	+ 100%
2013	Bonus Shares	700	1050	+ 50%
2007	Bonus Shares	400	700	+ 75%

Saudi Stocks Trading

Comments {{getCommentCount()}}

Be the first to comment

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

Sorry: the validity period has ended to comment on this news

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.

Comments {{getCommentCount()}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}}

Most Read

Market Indices

Quotes

Popular Links

Quick Links

About Us

Join Us

Follow Us