Tuesday, 15 April 2025

Saudi Exchange Sets Fluctuation Limits for Raoom Trading at SAR 86.50 After Bonus Share Approval

The Saudi Exchange said on Sunday that share price fluctuation limits for Raoom Trading Co. would be based on a price of SAR 86.50 following shareholder approval of a capital increase via bonus shares.

The decision was made during the company’s extraordinary general meeting (EGM) held on April 10, 2025.

All outstanding orders will be canceled on April 13. The Securities Depository Center (Edaa) will deposit the additional shares into investors’ portfolios by April 15, 2025.

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