Logo ofAl-Modawat Specialized Medical Co.
Al-Modawat Specialized Medical Co.’s board of directors recommendedtoday, May 9, splitting the stock nominal value from SAR 10 to SAR 1, according to a statement toTadawul. 
Thus, the number of the company’s shares willincrease from 2.37 million to 23.7 million.The company is committed tocompletingthe necessary relatedprocesses, noting that any updates will be announcedin due course.
Stock Split Details
Current Capital
SAR 23.75 mln
CurrentNumber of Shares
2.37 mln
Share Par Value
SAR 10
New Capital
SAR 23.75 mln
New Number of Shares
23.75 mln
Par Value After Stock Split
SAR 1/share
Logo ofAl-Modawat Specialized Medical Co.
Al-Modawat Specialized Medical Co.’s board of directors recommendedtoday, May 9, splitting the stock nominal value from SAR 10 to SAR 1, according to a statement toTadawul.
Thus, the number of the company’s shares willincrease from 2.37 million to 23.7 million.The company is committed tocompletingthe necessary relatedprocesses, noting that any updates will be announcedin due course.
Stock Split Details
Current Capital
SAR 23.75 mln
CurrentNumber of Shares
2.37 mln
Share Par Value
SAR 10
New Capital
SAR 23.75 mln
New Number of Shares
23.75 mln
Par Value After Stock Split
SAR 1/share
