Mouwasat shares hit all-time high
- Date: 27-Jul-2022
- Source: Argaam
- Sector:Financial Markets
- Country:Saudi Arabia
Mouwasat shares hit all-time high
Shares of Mouwasat Medical Services Co. hit their highest level since listing at SAR 255.60 each today, July 27.
The stock is trading during today's session with an increase of more than 2%, amid trading of about 42,900 shares, so far.
Established in 1974, the company started as a sole proprietorship with SAR 100 million capital, managing and operating medical facilities through setting up Mouwasat Clinic in Dammam in 1975. In 2009, Mouwasat was listed on the Saudi Exchange (Tadawul).
The first comprehensive medical facility was established under the name, “Mouwasat Hospital”, in Dammam in 1984, with operations starting in 1988.
On Sept. 2, 2009, Mouwasat was listed on the Saudi Stock Exchange (Tadawul) at SAR 44 (before adjustment) or SAR 11 (after adjustment).
The following table shows the most important financial indicators of the company:
The company increased its capital twice through bonus shares in 2012 and 2018 to reach the current capital of SAR 1 billion.
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