Edaa implements corporate action on Naseej International

21/07/2022 Argaam
Logo of Naseej International Trading Co.

Logo of Naseej International Trading Co.

The Securities Depository Center Co. (Edaa) announced implementing securities quantity decrease for Naseej International Trading Co. into the accounts of eligible securities’ holders today, July 21, it said in a statement.

 

In March, the board of directors recommended a 48.51% capital cut from SAR 211.63 million to SAR 108.97 million through writing off 10.27 million shares (0.485 share for every one share), according to data available with Argaam.

 

The stock will resume trading as of today, July 21, after a two-day trading halt to implement the capital reduction.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

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

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
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.