The Saudi Stock Exchange (Tadawul) announces that the fluctuation limits for Saudi Re for Cooperative Reinsurance Co. will be based on a share price of SAR 9.20

Tuesday, January 02, 2018 at 8:52 AM

Tue Jan 2, 2018 08:52

Saudi Re for Cooperative Reinsurance Co. EGM held on Monday 01/01/2018 has approved the capital reduction. Thus, the fluctuation limits for Saudi Re for Cooperative Reinsurance Co. will be based on a share price of SAR 9.20, furthermore the company will be suspended for two business days. Starting from Tuesday 02/01/2018, until the Securities Depository Center Company (Edaa) reflects shares reduction on investors’ portfolios, lifting the suspension of trading will be end of Wednesday 03/01/2018.