Logo of Canadian Medical Center Co.
Canadian Medical Center Co.’s board of directors recommended, on April 6, a 10-for-1 stock split, the company said in a statement to Tadawul.
Accordingly, the share capital will amount to 77 million instead of 7.7 million, the statement added.
The company indicated that all the related necessary measures will be taken and any relevant developments will be announced in due course.
|
Stock Split Details |
|
|
Current Capital |
SAR 77 mln |
|
No. of Shares |
7.7 mln |
|
Current Nominal Value |
SAR 10 a share |
|
New Capital |
SAR 77 mln |
|
No. of Shares |
77 mln |
|
New Stock Nominal Value (Post Stock-Split) |
SAR 1 a share |
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