‎Al-Jouf Mineral Water board proposes stock split to SAR 0.5

‎Al-Jouf Mineral Water board proposes stock split to SAR 0.5 ‎Al-Jouf Mineral Water board proposes stock split to SAR 0.5

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Logo ofAljouf Mineral Water Bottling Co.

Al-Jouf Mineral Water Bottling Co.‘s board of directors recommended splitting the stock nominal value from SAR 10 to SAR 0.5, according to a statement to Tadawul today, Jan. 16.

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Under the proposed stock split, the company’s share capital will rise to 93.75 million from 4.69 million currently.

For more news on listed companies

Al-Jouf Mineral Water is committed to completing the necessary related procedures, noting that any updates will be announced in due course.

Stock Split Details

Current Capital

SAR 46.88 mln

Current Number of Shares​

4.69 mln

Current Par Value​

SAR 10/share

New Capital

SAR 46.88 mln

New Number of Shares

93.75 mln

Post-Stock Split Par Value​

SAR 0.50

 

Logo ofAljouf Mineral Water Bottling Co.

Al-Jouf Mineral Water Bottling Co.‘s board of directors recommended splitting the stock nominal value from SAR 10 to SAR 0.5, according to a statement to Tadawul today, Jan. 16.

Under the proposed stock split, the company’s share capital will rise to 93.75 million from 4.69 million currently.

For more news on listed companies

Al-Jouf Mineral Water is committed to completing the necessary related procedures, noting that any updates will be announced in due course.

Stock Split Details

Current Capital

SAR 46.88 mln

Current Number of Shares​

4.69 mln

Current Par Value​

SAR 10/share

New Capital

SAR 46.88 mln

New Number of Shares

93.75 mln

Post-Stock Split Par Value​

SAR 0.50

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