AI Summary
Logo of WSM for Information Technology Co.
The Securities Depository Center Co. (Edaa) implemented the capital increase of WSM for Information Technology Co. today, Dec. 22, crediting the additional shares to eligible shareholders’ accounts.
According to Argaam data, WSM shareholders recently approved the board’s proposal for raising the company’s capital by 33.33% from SAR 21.45 million to SAR 28.60 million by granting bonus shares.
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Capital Increase Highlights |
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Current Capital |
SAR 21.45 mln |
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Number of Shares |
2.15 mln |
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New Capital |
SAR 28.60 mln |
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Number of Shares |
2.86 mln |
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Percentage |
33.33% (one bonus share for every three shares held) |
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Reasons |
To support strategic growth plan, meet future expansion needs, and reaffirm the company's financial adequacy and solid financial position |
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Method |
Capitalizing SAR 7.15 mln from retained earnings |
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Record Date |
Dec. 17, 2025 (Shareholders registered with Edaa by the end of the second trading day following the record date) |
The Saudi Exchange (Tadawul) announced that the company’s share fluctuation limit was set at SAR 26.86 on Dec. 18, and all pending orders were canceled.
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