Al-Samaani Factory for Metal Industries Co.’s fluctuation limit for its capital increase will be based on a share price of SAR 45.93, the Saudi Stock Exchange (Tadawul) said in a statement on Thursday.
The additional shares will be deposited into investor portfolios on April 16, it added.
Al-Samaani’s extraordinary general assembly on April 11 approved increasing capital to SAR 15 million from SAR 11.25 million, through a 1:3 bonus issue.
The capital raise will be financed by SAR 3.8 million in retained earnings.
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}