Zahrat Al Waha’s stock split approved on Nov. 18
Zahrat Al Waha for Trading Co.’s shareholders approved the board’srecommendation to adjust the stock’s par value from SAR 10 to SAR 1 per share, during the extraordinary general meeting (EGM) 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 toTadawultoday, Nov. 19, the company said 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.
Zahrat Al Waha’s stock split approved on Nov. 18
Zahrat Al Waha for Trading Co.’s shareholders approved the board’srecommendation to adjust the stock’s par value from SAR 10 to SAR 1 per share, during the extraordinary general meeting (EGM) 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 toTadawultoday, Nov. 19, the company said 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.
