Wednesday, 15 May 2024

Saudi Exchange: Fluctuation limits for Al Jouf Cement. will be based on a share price of SR 13.32

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Al Jouf Cement Co. EGM held on Monday approved the company’s request for a capital reduction. Thus, the fluctuation limits for Al Jouf Cement Co. will be based on a share price of SAR 13.32 and the outstanding orders will be cancelled.
Furthermore, the company will be suspended as per the Listing Rules for two business days. Starting from Tuesday 30/08/2022 until the Securities Depository Center Company (Edaa) reflects shares reduction on investors’ portfolios, lifting the suspension of trading will be the end of Wednesday 31/08/2022.

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