01:01 AM EST, 11/06/2026 (MT Newswires) -- Saudi Arabia's Securities Depository Center, or Edaa, carried out a reverse stock split on the securities of Molan Steel Co. (SASE:9553). The Saudi Arabian iron products manufacturer's split resulted from a face value adjustment in eligible security holders' accounts on Thursday, according to a same-day release.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.