Home » Economy » Learn about determining the price range for MBC Group shares • Al Marsad newspaper

Learn about determining the price range for MBC Group shares • Al Marsad newspaper

by Alexandra Hartman Editor-in-Chief

2023-11-30 20:58:32

Al-Marsad newspaper: HSBC Saudi Arabia revealed that it has set the price range for MBC Group.

Price range

The company explained that the price range was set between (23 – 25) riyals per share.

Offer shares

She continued: The offering process consists of issuing thirty-three million two hundred and fifty thousand (33,250,000) ordinary shares of the company’s shares (“offering shares”) for public subscription, which represents 10 percent of the company’s capital (following issuing the offering shares and increasing the company’s capital). By increasing the company’s capital.

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