M2 EQUITYBITES-September 5, 2019-Couche-Tard announces share split
Commercial Bank shareholders do not need to take any action due to the share split
Group CEO Adel Mustafawi said the share split
is a process whereby the share is divided into 10 shares, with the nominal value of the share being QR1, multiplied by the number of shares held 10 times, without any impact or change in shareholders' equity, and will not affect the total market value of a shareholder portfolio.
Adel Mustafawi, Masraf Al Rayan group chief executive officer, explained that the share split
is a process whereby a single share is divided into 10, with the nominal value of each share being QR1, multiplied by the number of shares held 10 times, without any impact or change in shareholders' equity, and will not affect the total market value of a shareholder portfolio.
NORDIC BUSINESS REPORT-June 12, 2019-Troax Group decides on record date for 3:1 share split
In conjunction, the combined company plans to effect a one-for-six reverse share split
at 4:00 p.m.
If the company does not regain compliance by November 11, an additional 180 days may be granted to regain compliance, so long as the company meets Nasdaq listing requirements and notifies Nasdaq in writing of its intention to cure the deficiency during the second compliance period by effecting a reverse share split
or adjusting the ADS ratio, if necessary.
BANKING AND CREDIT NEWS-June 26, 2018-Arch Capital approves 3-1 share split
All existing convertible securities of Venzee will either be assumed by the company, or replaced with convertible securities of the company exercisable on substantially the same terms taking into account the consolidation and share split
The board of Oriental Weavers has agreed the share split
but the company said the final decision would be taken at an extraordinary general meeting.
The news sent SoftBank shares up 4.51 percent to 6,480 yen, the highest level since a share split
at the end of 2005.