Edaa announces corporate action on Albilad

14/04/2019 Argaam

The Securities Depository Center (Edaa) announced the implementation of the securities quantity increase for Bank Albilad, according to the Tadawul filing.

 

It was done on the center's accounts of the eligible shareholders as of today, April 14, 2019.

 

Last week, the bank’s shareholders approved a 25 percent capital hike to SAR 7.5 billion from SAR 6 billion, according to data compiled by Argaam.

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