Edaa applies stock split measures to Molan

16/08/2023 Argaam
Logo ofMolan Steel Co.

Logo of Molan Steel Co.

The Securities Depository Center Co. (Edaa) applied today, Aug. 16, stock split measures to the accounts of Molan Steel Co.'s eligible shareholders after reducing the stock's nominal value. 

 

The company's extraordinary general meeting recently approved reducing the stock's par value from SAR 10 to SAR 1 per share, according to data available with Argaam.

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