Logo of Saudi Industrial Export Co. (SIECO)
Shares of Saudi Industrial Export Co. (SIECO) hit their highest close since April 2013, at SAR 73.20 today, May 16.
The stock closed today's session at its highest level, with a traded volume of 4,980 shares made through 32 transactions.
The company's general assembly recently approved an increase in the capital from SAR 21.6 million to SAR 194.4 million, through a rights issue of SAR 172.8 million.
SIECO was established in 1990, focusing on marketing and exporting national industrial products, among other things, inside and outside Saudi Arabia. Its activities also include re-export, bartering, and import.
SIECO Stock Performance |
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Annual High (SAR) |
73.20 |
Today, May 16 |
Annual Low (SAR) |
28.21 |
Nov. 23, 2021 |
Historical High (SAR) |
207.81 |
Nov. 21, 2006 |
Historical Low (SAR) |
3.04 |
June 7, 1999 |
Highest Traded Volume (SAR mln) |
22.4 |
April 21, 2013 |
The company amended its capital five times, as follows:
Capital Amendments (SAR mln) |
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Date |
Method |
Previous Capital |
New Capital |
Change |
2022 |
Rights Issue |
21.60 |
194.40 |
800% |
2022 |
Capital Cut |
64.80 |
21.60 |
(67%) |
2018 |
Rights Issue |
10.80 |
64.80 |
500% |
2017 |
Capital Cut |
108.00 |
10.80 |
(90%) |
2007 |
Bonus Issue |
72.00 |
108.00 |
50% |
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