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Arabian Pipes 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 | Arabian Pipes Co. announces the completion of the process of selling fractional shares and deposit of proceeds to eligible shareholders resulting from the increase in the company's capital as approved by the Extraordinary General Assembly (Second Meeting) held Wednesday, Muharram 4, 1446 AH, corresponding to July 10, 2024 AD |
| Share’s Fractions Sale Completion Date | 2024-07-22 Corresponding to 1446-01-16 |
| Number of Sold Shares | 1349 |
| Share’s Fractions Selling Returned Amount | 177,764.99 SAR |
| Average Selling Price per share | 131.78 |
| Deposit Date of The Return Amount from Share’s Fractions Selling in Eligible Shareholder’s Accounts | 2024-08-12 Corresponding to 1446-02-08 |
| 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 Arab National Bank by depositing the due amounts in the company's shareholders local bank accounts, which are linked to their investment were deposited. In the event that an eligible shareholder has not received their payment, the shareholder can receive it directly from any Arab national Bank branch and if there are any further enquiries, please communicate with the Company Investor email address: contact@arabian-pipes.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 133.0
Net Change 1.0 (+0.76%)
Value Traded (Sar) 6,583,163
Volume Traded 49,559
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