Edaa implements Al Rajhi Takaful capital increase

Logo of Al Rajhi Company for Cooperative Insurance (Al Rajhi Takaful)

The Securities Depository Center Co. (Edaa) implemented the securities increase for shareholders of Al Rajhi Company for Cooperative Insurance (Al Rajhi Takaful) who are entitled to the bonus shares.

 

In a statement to Tadawul, Edaa said the capital increase will be reflected in eligible shareholders' accounts today, June 24.

 

Shareholders approved, on June 21, a 100% capital increase through the distribution of bonus shares, according to Argaam data.

 

Bonus Share Details

Current Capital

SAR 1 bln

No. of Shares

100 mln

Increase Percentage

100% (one share for every share held)

Capital after Increase

SAR 2 bln

New No. of Shares

200 mln

Method of Increase

Capitalization of SAR 1 bln from retained earnings

Record Date

June 21, 2026 (Shareholders registered with Edaa by the end of the second trading day following the record date)
 

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