Nama Chemicals’ shares reduction reflects on investors’ portfolios

16/05/2017 Argaam

Nama Chemicals Co.’s  shares reduction is reflected on investors’ portfolios on Tuesday, The Securities Depository Center (Edaa) said in a statement on Tadawul.

 

On May 11, the company’s extraordinary general assembly approved an 81.7 percent capital cut (one share for every 1.224 outstanding shares) to SAR 235.2 million from SAR 1.3 billion.

 

Accordingly, 105 million shares were cancelled to 23.52 million from 128.52 million.

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.