Edaa implements Tadweeer’s capital increase

05/11/2025 Argaam- Nomu
Logo ofNational Environmental Recycling Co. (Tadweeer)

Logo of National Environmental Recycling Co. (Tadweeer)

The Securities Depository Center Co. (Edaa) implemented the capital increase for National Environmental Recycling Co. (Tadweeer) today, Nov. 5, crediting the additional shares to eligible shareholders’ accounts.

 

According to data available with Argaam, Tadweeer’s shareholders approved the board’s recommendation to increase capital by 100% via a 1-for-1 bonus share distribution. 

 

Capital Increase Details

Current Capital

SAR 116.16 mln

No.of Shares

116.16 mln

Percentage of Increase in Capital

100% (one bonus share for each existing share)

New Capital

SAR 232.32 mln

Number of Shares

 232.32 mln

Method

Capitalization of SAR 67.84 mln from the issue premium balance, SAR 47.74 mln from retained earnings, and SAR 577,850 from the statutory reserve balance.

Reasons

To strengthen the company’s capital base to support its future strategies and expansion plans.

Record Date

Nov. 2, 2025 (Shareholders registered with Edaa by the end of the second trading day following the record day)

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