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When will MBC be listed on the Saudi stock market and subscription details

When will MBC be listed on the Saudi stock market and its subscription date is a matter of concern for everyone in order to research and learn about them. Many people are interested in researching and learning about the various different developments in the Saudi stock market in the country and the various stocks offered through it, and through the following lines we learn about the listing date for MBC shares. BC in the Saudi stock market

When will MBC be listed on the Saudi stock market?

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Many people in the Kingdom of Saudi Arabia are interested in researching and learning about the date of subscription and offering of MBC shares in the Saudi stock market, which was subscribed for on December 14, 2023 AD, and which continued for a period of up to 5 days and ends on December 18, 2023. AD It has not yet been listed on the Saudi stock market, which is expected to be listed in the near future

Approximately 3.325 million shares will be allocated, which represents approximately 10% of the total shares offered for subscription to investors in the country. Upon completion of the offering process, the current shareholders will own approximately 90% of the company’s shares, and the percentage and sustainability ownership can reach approximately 60% of the company’s capital

What is MBC’s profit percentage?

In light of learning about the date of subscription and listing of MBC shares in the Saudi stock market, we now discuss the rate of share profits, which reached approximately 46.3 million Saudi riyals during the past six months in 2023 AD, and that was at the end of the first half of the year.

MBC stock range

The company announced in its statements that the range for its share price has been determined, which is between 23 Saudi riyals, or 6.13 US dollars, and up to 25 Saudi riyals per share, which means that the value of the group’s shares ranges between 2.04 billion US dollars and 2.22 billion US dollars. American dollar

Many people in the Kingdom of Saudi Arabia are interested in learning about the various developments in the Saudi stock market and the price of shares of MBC, which has been subscribed recently and in the past, and everyone is anticipating its listing in the market to benefit from it.

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2023-12-30 11:20:02
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