Bank AlJaziraheadquarter
Shareholders ofBank AlJaziraapproved during the extraordinary general meeting (EGM), the board’s proposal to raise capital by 25%, through distributing one bonus share for every four shares held, by capitalizing a SAR 2.562 billion, according to a statement toTadawul. 
Capital Increase Details
Current Capital
SAR 10.25 bln
Number of Shares
1.02 bln
Capital Increase (%)
25 %
New Capital
SAR 12.8 bln
New Number of Shares
1281.25 mln
Method
1-for-4 bonus issue
Capitalization
Capitalizing SAR 2.56 bln equally from statutory reserve and retained earnings
Record Date
April 28, 2025 – Shareholders of record and those registered with Edaa by the close of the second trading day following the EGM
Reason
To enhance the bank’s capital base to achieve its strategic goals
Fractional shares, if any, will be compiled in one portfolio for shareholders and will be sold at market price. The proceeds will then be distributed to eligible shareholders, as per their respective ownership, within a period not exceeding 30 days from the date of determining the new shares eligible for each shareholder.
The bank pointed out that the shareholders also authorized the board of directors to distribute interim dividends, quarterly or semi-annually, for 2025.
The Saudi Exchange (Tadawul) said that the fluctuation limits today, April 29, for Bank AlJazira will be based on a share price of SAR 13.64.
Bank AlJaziraheadquarter
Shareholders ofBank AlJaziraapproved during the extraordinary general meeting (EGM), the board’s proposal to raise capital by 25%, through distributing one bonus share for every four shares held, by capitalizing a SAR 2.562 billion, according to a statement toTadawul.
Capital Increase Details
Current Capital
SAR 10.25 bln
Number of Shares
1.02 bln
Capital Increase (%)
25 %
New Capital
SAR 12.8 bln
New Number of Shares
1281.25 mln
Method
1-for-4 bonus issue
Capitalization
Capitalizing SAR 2.56 bln equally from statutory reserve and retained earnings
Record Date
April 28, 2025 – Shareholders of record and those registered with Edaa by the close of the second trading day following the EGM
Reason
To enhance the bank’s capital base to achieve its strategic goals
Fractional shares, if any, will be compiled in one portfolio for shareholders and will be sold at market price. The proceeds will then be distributed to eligible shareholders, as per their respective ownership, within a period not exceeding 30 days from the date of determining the new shares eligible for each shareholder.
The bank pointed out that the shareholders also authorized the board of directors to distribute interim dividends, quarterly or semi-annually, for 2025.
The Saudi Exchange (Tadawul) said that the fluctuation limits today, April 29, for Bank AlJazira will be based on a share price of SAR 13.64.
