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Tadawul announces fluctuation limit for Alandalus’ stock

Tadawul announces fluctuation limit for Alandalus’ stock
All outstanding orders will be cancelled for Thursday, 26 August
ALANDALUS
4320
-1.48% 26.55 -0.40

Riyadh – Mubasher: The Saudi Exchange (Tadawul) announced that the fluctuation limit for the stock of Alandalus Property will be based on a share price of SAR 22.16, according to a bourse filing on Thursday.

All outstanding orders will therefore be cancelled for Thursday, 26 August.

In addition, the bonus shares of the capital raise will be deposited into the eligible investors’ portfolios on Monday, 30 August.

Setting the fluctuation limit has followed the approval of the company’s shareholders to increase the capital by SAR 233.33 million through bonus shares.