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Edaa implements capital increase procedures for Dallah Healthcare shares

Edaa has applied an increase in Dallah Healthcare shares to eligible shareholders’ accounts following approval of a 20% capital hike.

Ajel News2 hours ago · 1 min read
Edaa and Dallah Healthcare logos with stock market background

Key Takeaways

AI

The Securities Depository Center Company (Edaa) announced on Wednesday that it has implemented an increase in the number of Dallah Healthcare Company shares in the accounts of eligible shareholders, according to Tadawul Saudi Arabia.

Dallah Healthcare’s general assembly recently approved the board of directors’ recommendation to raise the company’s capital by 20 percent through a bonus share issue, granting one free share for every five owned.

The company aims to strengthen its capital to align with its total assets and enhance its financial position through this increase.

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