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Arabian Pipes Co. announces the Board of Directors’ recommendation to split the nominal value of the share
2200
APC
0.65
%
1446/04/28 31/10/2024 08:06:39
| Element List | Explanation |
|---|---|
| Announcement Detail | Arabian Pipes Co. announces the recommendation of the Board of Directors to the Extraordinary General Assembly of the Company issued by the Board of Directors’ decision dated 27-04-1446 AH corresponding to 30-10-2024 AD to split the nominal value of the share from (10) Saudi Riyals per share to (1) Saudi Riyal per share, so that the number of the company’s shares after the amendment becomes (150,000,000) shares instead of (15,000,000) shares, with the company’s commitment to complete the necessary related procedures. “Noting that any developments will be announced in due course.” |
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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Last Price 12.3
Net Change 0.08 (+0.65%)
Value Traded (Sar) 20,857,502.82
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