Riyadh – Mubasher: The Securities Depository Center Company, known as Edaa, has officially announced the completion of a corporate action regarding the securities of Naf Company for Feed for Industry.
The action took place on 29 June 2026 and involved a comprehensive stock split resulting from an adjustment to the nominal face value of the company’s shares, according to a bourse filing.
Successfully executed through the center’s electronic systems, this adjustment has been fully reflected in the depository accounts of all eligible securities holders as of the scheduled implementation date.
This move follows the regulatory approvals and shareholder resolutions required to alter the company’s capital structure. By adjusting the face value of the shares, the company effectively increases the total number of outstanding shares while maintaining the overall value of the equity held by investors at the time of the split.
Edaa, acting as the central entity responsible for the registration and settlement of securities in the Saudi capital market, ensured that the transition was processed accurately across its depository network.
In its capacity as the infrastructure provider for the Saudi financial markets, Edaa manages the central registry of shareholders and oversees the execution of corporate actions such as capital increases, capital reductions, and stock splits.
The successful execution of this split for Naf Company for Feed for Industry ensures that the updated share quantities are now visible and tradable within the portfolios of the respective investors. This process is automated to ensure precision and to maintain the integrity of the market’s ownership records.
Stock splits are a common corporate mechanism utilized by companies listed on the Saudi Exchange to enhance the liquidity of their shares.
By reducing the face value and increasing the number of shares in circulation, companies often aim to make their stock more accessible to a broader range of retail and institutional investors.
While the total market capitalization of the company remains unchanged by the split itself, the lower price per share following the adjustment can lead to increased trading activity and market depth.
The announcement by Edaa confirms that all administrative and technical procedures related to the face value adjustment have been finalized.
Shareholders of Naf Company for Feed for Industry do not need to take any manual action to update their holdings, as Edaa has already updated the electronic records to reflect the new share counts. This update is a critical step in maintaining transparent and efficient market operations, ensuring that all participants are trading based on the most current corporate data.
The completion of this corporate action marks a significant administrative milestone for Naf Company for Feed for Industry. By aligning its share structure with its current strategic objectives through this face value adjustment, the company moves forward with a modernized capital framework.
Meanwhile, the role of Edaa remains central to these transitions, providing the necessary technical oversight to ensure that the Saudi capital market continues to operate in accordance with international best practices for securities settlement and depository services.
