Edaa adds Saleh A. Al Rashed subscribed securities to shareholder accounts

09/03/2026 Argaam
Logo ofSaleh Abdulaziz Al Rashed Sons Co.

Logo of Saleh Abdulaziz Al Rashed & Sons Co.

The Securities Depository Center Co. (Edaa) announced today, March 9, the addition of the subscribed securities of Saleh Abdulaziz Al Rashed & Sons Co. to the accounts of eligible shareholders, according to Tadawul website.

 

Saleh A. Al Rashed offered 5.58 million shares on TASI at SAR 45 per share, Argaam earlier reported.

 

The offer represents 30% of the company's SAR 186 million share capital divided into 18.6 million shares, each with a nominal value of SAR 10.

 

Retail investors placed nearly SAR 121.5 million worth of buy orders on shares priced at SAR 45 each. The retail offer was 161% oversubscribed.

 

A minimum of 10 shares was allocated per retail investor, with remaining shares to be distributed pro rata at an average allocation factor of 55.7%.

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