SACO shareholders to vote on capital hike on Dec. 17
21/11/2018
Argaam
Saudi Company for Hardware’s (SACO) shareholders are set to vote on a 50 percent capital hike to SAR 360 million from SAR 240 million, on Dec. 17, 2018.
Shareholders of record at the extraordinary general assembly meeting, including those registered at the Securities Depository Center two days after this date, will be eligible to receive the bonus shares.
|
Key Figures of Capital Hike |
|
|
Current Capital |
SAR 240 mln |
|
Number of shares |
24 mln shares |
|
Hike (%) |
50% (1 for every 2 shares) |
|
New Capital |
SAR 360 mln |
|
New number of shares |
36 mln shares |
|
Method |
Bonus shares |
Market Indices
TASI
10,542.23
(47.72)
(0.45 %)
Quotes
SACO
17.18
(0.34)
(1.94%)
About Us
Join Us
Argaam Tools is an advanced tool that provides investors, analysts, research houses, and corporate executives with easy access to a single source for in-depth data on macroeconomy, capital market, sectors, and companies insights.
Argaam.com Copyright © 2026, Argaam Investment, All Rights Reserved
Call Request
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}