Al-Jouf BOD recommends splitting share nominal value from SAR 10 to SAR 1

Al-Jouf Agricultural Development Co. announced the recommendation of the board of directors to the Extraordinary General Assembly of the company issued by the Board of Directors resolution by circulation 05.09.2023, to split the nominal value of the share from SAR 10, to SAR 1 per share.

According to the statement published on Tadawul, the number of the Company’s shares after the amendment will become 300 million shares instead of 30 million shares, and the company commits to complete the necessary related procedures.