Edaa implements stock split measures on Jahez

04/12/2023 Argaam

Edaa implements stock split measures on Jahez

Logo of Jahez International Company for Information System Technology

The Securities Depository Center Co. (Edaa) implemented today, Dec. 4, stock split measures resulting from adjusting the nominal value of Jahez International Company for Information System Technology Co.’s (Jahez) on the accounts of eligible shareholders.

 

Shareholders earlier approved the board’s recommendation to reduce the stock’s nominal value from SAR 10 to SAR 0.5 a share, data compiled with Argaam showed.

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