Edaa implements stock split for Tadweeer

10/04/2023 Argaam
Logo of National Environmental Recycling Co. (Tadweeer)

Logo of National Environmental Recycling Co. (Tadweeer)


The Securities Depository Center Co. (Edaa) implemented stock split on National Environmental Recycling Co. (Tadweeer) securities resulted from adjusting the face value today, April 10, into the accounts of eligible holders.

 

Last week, the company’s shareholders approved the board’s proposal for a stock split from SAR 10 to SAR 1 without any change to the company’s capital, Argaam reported.

 

Accordingly, the total number of shares will increase to 58.08 million from 5.81 million shares.

Comments {{getCommentCount()}}

Be the first to comment

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.