Logo ofZahrat Al Waha for Trading Co.
Zahrat Al Waha for Trading Co.’s shareholders will vote on the board’srecommendation to adjust the stock’s par value from SAR 10 to SAR 1 per share, during the extraordinary general meeting (EGM) to be held on Nov. 18. 
Stock Split Details
Current Capital
SAR 225 mln
Number of Shares
22.5 mln
Current Par Value
SAR 10/share
New Capital
SAR 225 mln
New Number of Shares
225 mln
New Par Value
SAR 1
In a statement to Tadawul today, Oct. 19, the company confirmed that there will be no change to its capital of SAR 225 million before or after the planned stock split.
If approved, the decision will apply to all shareholders of record on the EGM date and those registered with the Securities Depository Center (Edaa) by the close of trading on the second day following the record date.
The company added that the adjustment will reflect on the stock price starting from the next business day after the EGM, while the change in the number of shares in shareholders’ portfolios will apply on the second trading day following the meeting date.
Logo ofZahrat Al Waha for Trading Co.
Zahrat Al Waha for Trading Co.’s shareholders will vote on the board’srecommendation to adjust the stock’s par value from SAR 10 to SAR 1 per share, during the extraordinary general meeting (EGM) to be held on Nov. 18.
Stock Split Details
Current Capital
SAR 225 mln
Number of Shares
22.5 mln
Current Par Value
SAR 10/share
New Capital
SAR 225 mln
New Number of Shares
225 mln
New Par Value
SAR 1
In a statement to Tadawul today, Oct. 19, the company confirmed that there will be no change to its capital of SAR 225 million before or after the planned stock split.
If approved, the decision will apply to all shareholders of record on the EGM date and those registered with the Securities Depository Center (Edaa) by the close of trading on the second day following the record date.
The company added that the adjustment will reflect on the stock price starting from the next business day after the EGM, while the change in the number of shares in shareholders’ portfolios will apply on the second trading day following the meeting date.
