Alsagr Insurance deposits proceeds of selling fractional shares resulting from capital reduction in shareholders’ accounts

Alsagr Cooperative Insurance Company announced on Monday the completion of the distribution of fractional shares resulting from the reduction of the company’s capital based on the approval of the Extraordinary General Assembly (the second meeting) held on October 13, 2022.
According to the company’s announcement published on “Tadawul,” the process of selling fractional shares was completed on November 7 and deposited in the accounts of eligible shareholders on November 25.
This comes based on the approval of the Extraordinary General Assembly (second meeting), which was held on October 13, 2022.