Al Mawarid will issue one bonus share for every three shares held
Shareholders of Al Mawarid Manpower Co. approved the board’s recommendation on raising the company’s capital to SAR 200 million from SAR 150 million through a bonus issue. 
The decision was made during the dextrorotary general meeting (EGM) held on Feb. 10.
Capital Hike Highlights
Current Capital
SAR 150 mln
Current No. of Shares
15 mln
Percentage ofIncrease
33.33% (one bonus share for every three shares held)
Method
Capitalizing SAR 50 mln from retained earnings
New Capital
SAR 200 mln
New No. of Shares
20 mln
Reasons
Supporting strategic growth plan, and reaffirming the company’s financial position
Record Date
Feb. 10, 2026 (Shareholders of record and those registered with Edaa by the end of the second trading day following the record date).
Fractional shares, if any, will be compiled in one portfolio and offered at market price. The proceeds will be distributed to eligible shareholders pro rata within a period not exceeding 30 days.
In November 2025, Al Mawarid board recommended a 33.33% capital increase. The proposal was approved by the Capital Market Authority (CMA) in January 2026.
Al Mawarid will issue one bonus share for every three shares held
Shareholders of Al Mawarid Manpower Co. approved the board’s recommendation on raising the company’s capital to SAR 200 million from SAR 150 million through a bonus issue.
The decision was made during the dextrorotary general meeting (EGM) held on Feb. 10.
Capital Hike Highlights
Current Capital
SAR 150 mln
Current No. of Shares
15 mln
Percentage ofIncrease
33.33% (one bonus share for every three shares held)
Method
Capitalizing SAR 50 mln from retained earnings
New Capital
SAR 200 mln
New No. of Shares
20 mln
Reasons
Supporting strategic growth plan, and reaffirming the company’s financial position
Record Date
Feb. 10, 2026 (Shareholders of record and those registered with Edaa by the end of the second trading day following the record date).
Fractional shares, if any, will be compiled in one portfolio and offered at market price. The proceeds will be distributed to eligible shareholders pro rata within a period not exceeding 30 days.
In November 2025, Al Mawarid board recommended a 33.33% capital increase. The proposal was approved by the Capital Market Authority (CMA) in January 2026.
