-
Bank Ranking
Banks Ratios
Cement Statistics
Cement Ranking
Cement Ratios
Monetary and Economic Statistics
Oil, Gas and Fuel
Macro Economy
Consumer Spending
Inflation
Exports & Imports
Food Prices
Non Food Prices
Construction Materials
Petrochem. Ranking
Petrochem. Ratios
Retail Rankings
Retail Ratios
Grocery Ranking
Grocery Ratios
Top Growth
Dividend History
Al-Omran rump offering 627.67% oversubscribed
AI Summary
Logo of Al-Omran Industrial Trading Co.
Al-Omran Industrial Trading Co. announced today, Dec. 5, that the rump offering of its rights issue was 627.67% oversubscribed, according to a statement to Tadawul.
|
Offering Details |
|
|
Number of Shares Sold |
281,280 |
|
Total Rump Offering Proceeds |
SAR 9.47 mln |
|
Coverage Ratio (%) |
627.67% |
|
Average Price/Share Sold |
SAR 33.66/share |
|
Net Compensation for Rights Issue & Fraction Shareholders |
SAR 6.66 mln |
|
Date of Depositing Shares into Shareholders Accounts |
Dec. 7, 2023 |
Subscription to the rights issue ended on Nov. 26, according to Argaam's data.
During the subscription period, which began on Nov. 14, the company offered 6 million shares at SAR 10 each, totaling SAR 60 million, to increase capital from SAR 60 million to SAR 120 million.
The subscription coverage reached 95.31% of the total offered shares, with 5.71 million out of 6 million new shares subscribed at a value of SAR 57.19 million.
Comments 2
abofaisal2017
منذ 7 شهر
Market Indices
Quotes
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
Comments Analysis: