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Saudi Paper Manufacturing Co. announces the deposit of the amounts from selling the shares fractions resulted from the company’s capital Increase in the eligible shareholder’s accounts
| Element List | Explanation |
|---|---|
| Introduction | The Saudi Paper Manufacturing Company announces the completion of the process of selling fractional shares resulting from the increase in the company’s capital approved by the Extraordinary General Assembly (first meeting) held on Thursday, Shawwal 16, 1445 AH, corresponding to April 25, 2024 AD. |
| Share’s Fractions Sale Completion Date | 2024-05-05 Corresponding to 1445-10-26 |
| Number of Sold Shares | 8666 |
| Share’s Fractions Selling Returned Amount | 693,547.40 SR |
| Average Selling Price per share | 80.03 |
| Deposit Date of The Return Amount from Share’s Fractions Selling in Eligible Shareholder’s Accounts | 2024-06-03 Corresponding to 1445-11-26 |
| Name and Contact Method of Responsible Entity Distributing The Return Amount from Share’s Fractions Selling in Eligible Shareholder’s Accounts | The proceeds from the sale of fractional shares were distributed through Saudi Fransi Bank, by depositing the proceeds from the sale of fractional shares in the bank accounts linked to the investment portfolios of eligible shareholders In the event that the deposit process fails, any of the company’s shareholders can also visit the nearest branch of the Saudi Fransi Bank to receive their dues. In the event of any inquiries, please contact Investor Relations via email: IR.Inquires@saudipaper.com |
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 62.8
Net Change -0.8 (-1.26%)
Value Traded (Sar) 9,585,753.7
Volume Traded 151,399
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