AI Summary
Logo of Mohammed Hadi Al Rasheed and Partners Co.
The increase will be through granting one bonus share for every two shares held.
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Capital Increase Highlights |
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Current Capital |
SAR 120 mln |
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Number of Shares |
12 mln |
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Percentage of Capital Increase |
50% (1-for-2) |
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New Capital |
SAR 180 mln |
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New Number of Shares |
18 mln |
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Method |
Capitalizing SAR 60 mln from retained earnings |
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Reason |
As part of the company’s strategy, in line with its future plans for promoting expansion and growth; creating higher long-term value by investing in various opportunities available to the company; and reaffirming its financial soundness and strong financial position. |
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Record Date |
Dec. 4, 2025 (Shareholders registered with Edaa by the end of the second trading day after the record date) |
In a statement to Tadawul, the company said fractional shares, if any, will be collected in a single portfolio to be sold at market price. The proceeds will then be distributed among eligible shareholders pro rata within 30 days maximum from the date of determining each shareholder’s eligible shares.
Separately, Tadawul announced that the price fluctuation limits for the company’s share will be based on a price of SAR 77.60 for today, Dec. 7, and that all existing orders will be canceled.
The Securities Depository Center Co. (Edaa) will credit the bonus shares to shareholders’ portfolios before the start of trading on Dec. 9, 2025.
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