Edaa implements securities increase on Arabian Pipes

12/06/2025 Argaam
Logo ofArabian Pipes Co. (APC)

Logo of Arabian Pipes Co. (APC) 

The Securities Depository Center Co. (Edaa) raised the number of shares in the accounts of Arabian Pipes Co.'s (APC) eligible shareholders today, June 12. 

 

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According to data available with Argaam, APC shareholders recently approved the board’s recommendation to increase capital from SAR 150 million to SAR 200 million via a one-for-three bonus issue. The process will be financed through capitalizing SAR 50 million from the retained earnings.

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