Edaa implements stock split on Aqaseem

18/12/2024 Argaam
Logo ofAqaseem Factory for Chemicals and Plastics Co.

Logo of Aqaseem Factory for Chemicals and Plastics Co.


The Securities Depository Center Co. (Edaa) implemented today, Dec. 18, stock split measures resulting from adjusting the nominal value of Aqaseem Factory for Chemicals and Plastics Co.’s shares to the accounts of eligible shareholders.

 

The company’s extraordinary general assembly (EGM) recently approved splitting the stock nominal value from SAR 10 to SAR 1. Therefore, the total number of shares will increase to 25 million from 2.5 million, data compiled by Argaam showed.

 

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