Lana Medical Co.’s shareholders decision came during EGM on Nov. 12
Lana Medical Co.’sshareholders approved the board’s recommendation to adjust the stock’s par value from SAR 10 to SAR 1 per share, during the extraordinary general meeting (EGM) held on Nov. 12. 
In a statement to Tadawul, the company confirmed that there will be no change to its capital before or after the planned stock split.
Stock Split Details
Current Capital
SAR 54 mln
Current Number of Shares
5.4 mln
New Number of Shares
54 mln
CurrentPar Value
10 mln
New Par Value
SAR 1
In a separate statement, the Saudi Exchange (Tadawul) announced the fluctuation limits on Nov. 13 for Lana will be based on a share price of SAR 2.87, and the outstanding orders will be canceled.
Lana Medical Co.’s shareholders decision came during EGM on Nov. 12
Lana Medical Co.’sshareholders approved the board’s recommendation to adjust the stock’s par value from SAR 10 to SAR 1 per share, during the extraordinary general meeting (EGM) held on Nov. 12.
In a statement to Tadawul, the company confirmed that there will be no change to its capital before or after the planned stock split.
Stock Split Details
Current Capital
SAR 54 mln
Current Number of Shares
5.4 mln
New Number of Shares
54 mln
CurrentPar Value
10 mln
New Par Value
SAR 1
In a separate statement, the Saudi Exchange (Tadawul) announced the fluctuation limits on Nov. 13 for Lana will be based on a share price of SAR 2.87, and the outstanding orders will be canceled.
