The Saudi Exchange announces that the fluctuation limits for Gulf General Cooperative Insurance Co. will be based on a share price of SAR 14.02
- Date: 20-Mar-2024
- Source: Mubasher
- Sector:Financial Markets
- Country:Saudi Arabia
The Saudi Exchange announces that the fluctuation limits for Gulf General Cooperative Insurance Co. will be based on a share price of SAR 14.02
The Gulf General Cooperative Insurance Co. EGM held on Tuesday 09/09/1445H, corresponding to 19/03/2024G has approved the company’s request for a capital reduction. Thus, the fluctuation limits for Gulf General Cooperative Insurance Co. will be based on a share price of SAR 14.02 and the outstanding orders will be canceled. Furthermore, the company will be suspended as per the Listing Rules for two business days. starting from Wednesday 10/09/1445H, corresponding to 20/03/2024G, until the Securities Depository Center Company (Edaa) reflects shares reduction on investors’ portfolios, lifting the suspension of trading will be end of Thursday 11/09/1445H, corresponding to 21/03/2024G.
The Saudi Exchange announces that the fluctuation limits for Gulf General Cooperative Insurance Co. will be based on a share price of SAR 14.02
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