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Al-Rajhi Company for Cooperative Insurance Announces the Deposit of Sums Resulting from Selling Fractional Stocks Following Increase of the Company’s Capital in the Accounts of Eligible Shareholders
| Element List | Explanation |
|---|---|
| Action Type | Increase |
| Introduction | Al-Rajhi Company for Cooperative Insurance (Al Rajhi Takaful) announces the distribution of proceeds, to eligible shareholders, from the sale of fractional shares, as approved by the extraordinary general assembly held on Sunday 19-05-1444H corresponding to 03-12-2023. |
| Fractional Shares Selling End Date | 2023-12-03 Corresponding to 1445-05-19 |
| Number of Sold Shares | 1694 |
| Fractional Shares Sales Revenue | 124,405.43 |
| Average Selling Price per share | 73.43 |
| Date of Depositing Fractional Shares Sales Revenue in the Bank Accounts of Eligible Investors | 2024-03-27 Corresponding to 1445-09-17 |
| Name of /Method of Contacting the Entity in Charge of Distributing the Fractional Shares Sales Revenue | The proceeds from the sale of the fractional shares will be deposited to eligible investors’ bank accounts, linked to their investment portfolios. As for the eligibles whose bank account data is not available or incomplete, they can contact the Company through the following: Shareholders@alrajhitakaful.com 011-4401144 / 011-4401254 |
| Additional Information | If the due amounts are not received after the deposit date, or there are any other inquiries regarding the amounts of the selling of fractional shares, please contact Investor Relations Department using the following: Shareholders@alrajhitakaful.com 011-4401144 / 011-4401254 |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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Company Performance
Key Parameters
Last Price 104.6
Net Change 1.1 (+1.06%)
Value Traded (Sar) 40,973,427
Volume Traded 392,437
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