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End-of-day quote
Other stock markets
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5-day change | 1st Jan Change | ||
| 51 SAR | +1.39% |
|
-0.58% | +36.18% |
| Mar. 25 | Savola Group Posts Higher FY23 Profit; Revenue Edges Down | MT |
| Mar. 18 | Dairy firm Almarai to invest over $4.8 bln under five-year plan | RE |
DUBAI, Feb 7 (Reuters) - Saudi Arabia's largest food products company Savola said on Wednesday it plans to distribute its entire 34.52% shareholding in regional dairy firm Almarai to its eligible shareholders.
The deal will be preceded by a 6 billion riyal ($1.6 billion) rights issue that will help strengthen the company's position, including paying off debt and enabling distribution of the Almarai shares.
($1 = 3.7502 riyals) (Reporting by Hadeel Al Sayegh; Editing by Tom Hogue)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 2,686 PTS | +0.86% | +0.34% | - | ||
| 56.4 SAR | -0.53% | -2.42% | 15.04B | ||
| 51 SAR | +1.39% | -0.58% | 7.23B | ||
| 1st Jan change | Capi. | |
|---|---|---|
| +36.18% | 7.23B | |
| -4.93% | 261B | |
| -2.51% | 94.98B | |
| +3.19% | 46.39B | |
| +8.74% | 39.99B | |
| -0.15% | 38.02B | |
| -16.78% | 30.16B | |
| -6.61% | 28.72B | |
| +11.32% | 24.54B | |
| -9.29% | 22.65B |
SAVOLA GROUP COMPANY 
