Edaa implements capital increase for Saudi Re

14/10/2025 Argaam
Saudi Reinsurance Company (Saudi Re) aims to increase capital from SAR 1.158 billion to SAR 1.698 billion through the distribution of bonus shares.

Saudi Reinsurance Company (Saudi Re) aims to increase capital from SAR 1.158 billion to SAR 1.698 billion through the distribution of bonus shares.

The Securities Depository Center Co. (Edaa) implemented the capital increase for Saudi Reinsurance Company (Saudi Re) today, Oct. 14, by crediting the additional shares to eligible shareholders’ accounts.

 

According to Argaam data, shareholders of Saudi Re recently approved a 46.6% capital hike from SAR 1.16 billion to SAR 1.7 billion through the distribution of bonus shares. The increase will be carried out by issuing 51.48 million shares at a ratio of four shares for every nine existing shares, representing 44.44% of the total capital increase.

 

An additional 2.5 million shares, equivalent to 2.16% of the increase, will be allocated to the company’s long-term employee incentive program.

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