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Saudi Arabia .. Ground services shares have risen to the highest price in 20 sessions

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Saudi Arabia’s shares for ground services (ground services) raised and traded in the Saudi market “Tadawul” by 1.73% at the beginning of trading today, Sunday, to trade at 52.9 riyals per share.

The stock regained levels that he did not touch for 20 sessions (27 days), during which it fell below the level of 45 riyals, as it touched on March 11th, the price of 44.6 riyals.

Trading on the shares of ground services at that time came through 801 trading operations, at 203.64 thousand shares with a trading value of 10.78 million riyals.

The highest price for the share was at that time from the session at 53.5 riyals per share, while the lowest price per share was at 52 riyals per share.

This came days after the company’s board’s board’s decision to distribute shareholders ’profits at a rate of one riyals per share, and the distribution represents 10% of the nominal value of the share, and at a total value of 188 million riyals, for the period of the second half of the fiscal year 2024, and the company’s shareholders are entitled to the end of the second trading day following the date of entitlement, and the distribution is made from the date of April 17 before.

It is worth noting that Saudi Arabia for ground services is a company specialized in providing ground services for aircraft at all airports of the Kingdom of Saudi Arabia, established in July 2008, and its services include the processing of aircraft when landing and taking off, in addition to the services of passengers such as ending travel procedures and luggage handling.

The company was included in the Saudi financial market “Tadawul” on June 25, 2015, as it became a public company listed within the transport sector, and the company continues to provide its distinguished services and expand its operations to support the aviation sector in the Kingdom.

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