Shareholders of Taiba Investments Co. will vote on distributing cash dividends at 6.5% (SAR 0.65 per share) for 2025, during the extraordinary general meeting (EGM) scheduled for May 10.

Cash Dividends

Current capital

SAR 2.60 bln

Number of shares

260.46 mln

Total dividends

SAR 169.30 mln

Percentage of capital

6.5% (SAR 0.65 per share)

Record date

May 10, 2026, for shareholders registered with Edaa by the end of the second trading day following the EGM

Payment date

Within 15 business days from the record date
 

According to a Tadawul statement, the company said the agenda also includes voting on a 91.97% capital increase from SAR 2.60 billion to SAR 5 billion (0.9197 bonus share for each share held), through the capitalization of SAR 2.39 billion from the statutory reserve and share premium.

 

Capital Increase Details

Current Capital

SAR 2.6 bln​

Number of Shares

260.46 mln

New Capital

SAR 5 bln​

New Number of Shares

500 mln

Percentage Increase

91.97%

Reason

To strengthen the company’s capital structure, support its growth and expansion requirements in line with its strategic direction, and reinforce the strength and solidity of its financial position.

Share Offerings

0.9197 share for each share held

Method

Capitalizing SAR 2.39 bln from the statutory reserve and share premium balance, as follows:

  • Capitalizing SAR 1 bln from the statutory reserve.
  • Capitalizing SAR 1.39 bln from the share premium balance.

Record Date

Shareholders of record who are registered with Edaa by the end of the second trading day following the record date
 

The company noted that fractional shares, if any, will be compiled into one portfolio and sold at market price. Proceeds will be distributed to eligible shareholders within no more than 30 days from determining the new shares allocation.

 

Shareholders will also vote on authorizing the board of directors to distribute interim dividends on a semi-annual or quarterly basis for 2026.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2026, Argaam Investment, All Rights Reserved
Call Request