Jarir Marketing Company announces the board's recommendation to split the nominal value of the share

15-Mar-2023

Element List Explanation
Announcement Detail Jarir Marketing Company announces the recommendation of the Board of Directors to the Extraordinary General Assembly of the company in its meeting held on Shaaban 23, 1444, corresponding to March 15, 2023, to split the nominal value of the share from ten (10) ten riyals per share to (1) one riyal per share, and thus the number of the company's shares will become (1,200) million shares instead of (120) million shares, with the company's commitment to complete the necessary related procedures. Related developments will be announced in due course.