Saudi Tadawul Calculates Takween Shares’ Fluctuation Rate at SAR 16.12

Saudi Tadawul announced on Wednesday the computation of Takween Advanced Industries Company’s share volatility, pegged at a price of 16.12 riyals, and subsequent cancellation of existing orders. The company further disclosed that priority rights for Takween Advanced Industries Company will be credited to shareholders’ wallets on Sunday, February 18, 2024. This development follows the approval of the Extraordinary General Assembly of Takween to augment the company’s capital through the issuance of priority rights shares.