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Tadawul Sets NAF Fluctuation Limit at 3.42 Riyals
Tadawul Saudi Arabia announced an update to the share price of NAF Feed Industry following the resolution of the extraordinary general assembly to approve the stock split, which resulted in a new fair value of 3.42 riyals per share. All existing orders based on the stock in the trading system have been canceled to ensure the proper application of the new price. A mathematical process has been adopted to calculate the new price, considering the previous closing price before the split and the split ratio, aimed at facilitating a smooth transition of the stock without any price gaps.
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