-
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
Maharah shareholders to vote on reducing nominal value to SAR 1 on Feb. 1
AI Summary
Logo of Maharah Human Resources Co.
Shareholders of Maharah Human Resources Co. will discuss reducing the stock's nominal value from SAR 10 to SAR 1 during the extraordinary general meeting (EGM) scheduled for Feb. 1, according to a Tadawul statement.
|
Highlights of Nominal Value Reduction |
|
|
Current Capital |
SAR 475 mln |
|
Number of Shares |
47.5 mln |
|
Nominal Value |
SAR 10 |
|
New Capital |
SAR 475 mln |
|
New Number of Shares |
475 mln |
|
Nominal Value After Reduction |
SAR 1 |
In a statement to Tadawul, Maharah said that the decision, if approved, will be effective for shareholders owning shares on the EGM date and registered with the Securities Depository Center Co. (Edaa) by the close of the second trading day following the EGM date.
The decision impact on the stock price will appear as of the second business day following the EGM, provided that the decision is applied to the number of shares in shareholders' portfolios on the second trading day following the EGM date.
Comments 0
Be the first to comment
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: