Seera appoints SNB Capital as financial advisor on planned capital cut

13/07/2025 Argaam
Logo ofSeera Group Holding

Logo of Seera Group Holding

Seera Holding Group decided today, July 13, to appoint SNB Capital as financial advisor on its planned capital reduction.

 

In a Tadawul statement, the company said it will announce the submission of the capital cut file to the Capital Market Authority (CMA) when done and will provide updates as they arise.

 

For more news on listed companies

 

According to data available with Argaam, last June, Seera’s board recommended reducing capital by 8.65% from SAR 3 billion to SAR 2.74 billion due to surplus capital.

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