Edaa implements securities increase on Saudi Paper

30/04/2024 Argaam

Edaa implements corporate action on Saudi Paper

Logo of Saudi Paper Manufacturing Co

The Securities Depository Center Co. (Edaa) implemented the securities quantity increase for Saudi Paper Manufacturing Co. into the accounts of eligible shareholders today, April 30, it said in a statement to Tadawul.

 

Last week, the company’s shareholders approved a 10% capital hike through 1:10 bonus share distribution, according to data compiled by Argaam.

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