The Saudi Stock Exchange (Tadawul) announces that the fluctuation limits for Gulf Union Cooperative Insurance Co. will be based on a share price of SAR 18.01

Sunday, May 21, 2017 at 8:04 AM

Sun May 21, 2017 08:04

Gulf Union Cooperative Insurance Co. EGM held on Thursday  18/05/2017 has approved the capital reduction. Thus, the fluctuation limits on Sunday  21/05/2017 for Gulf Union Cooperative Insurance Co. will be based on a share price of SAR 18.01, furthermore the company will be suspended  for two business days. Starting  from Sunday  21/05/2017,  until the Securities Depository Center Company (Edaa) reflects  shares reduction on investors’ portfolios, lifting the suspension of trading will be end of Monday 21/05/2017.