Logo ofThe Company for Cooperative Insurance (Tawuniya)
In the regulator’s statement, the authority said the increase will be carried out through the issuance of one bonus shares for every two held. 
Eligible shareholders are those registered with the Security Depository Center (Edaa) by the end of the second trading day after the record date, which will be determined later.
The capital increase will be financed by transferring SAR 750 million from the share premium account, which will increase the number of shares from 150 million to 225 million, an increase of 75 million shares.
The company’s extraordinary general meeting (EGM) shall be held within six months from this approval date and the company shall satisfy all regulatory requirements and applicable laws, said the regulator.
According to data available with Argaam, Tawuniya’s board of directors recommended, in April 2026, a 50% capital increase to SAR 2.25 billion through the capitalization of SAR 750 million from retained earnings via a 1-for-2 bonus share issuance.
Capital Increase Details
Current Capital
SAR 1.5 bIn
No. of Shares
150 mln
Percentage of Increase
50%
Method
one bonus share for every two shares owned
New Capital
SAR 45 mln
New No. of Shares
2.25 bIn
Reason
Strengthening the company’s capital base, thereby supporting higher growth rates and enabling the expansion of its operations in the coming years.
Method
Through the capitalization of SAR 750 million from the share premium account.
Record Date
Shareholders of record on the date of the EGM that will approve the capital increase through bonus shares, and those registered with Edaa at the end of the second trading day following the EGM. The date of the meeting will be announced later.
Logo ofThe Company for Cooperative Insurance (Tawuniya)
In the regulator’s statement, the authority said the increase will be carried out through the issuance of one bonus shares for every two held.
Eligible shareholders are those registered with the Security Depository Center (Edaa) by the end of the second trading day after the record date, which will be determined later.
The capital increase will be financed by transferring SAR 750 million from the share premium account, which will increase the number of shares from 150 million to 225 million, an increase of 75 million shares.
The company’s extraordinary general meeting (EGM) shall be held within six months from this approval date and the company shall satisfy all regulatory requirements and applicable laws, said the regulator.
According to data available with Argaam, Tawuniya’s board of directors recommended, in April 2026, a 50% capital increase to SAR 2.25 billion through the capitalization of SAR 750 million from retained earnings via a 1-for-2 bonus share issuance.
Capital Increase Details
Current Capital
SAR 1.5 bIn
No. of Shares
150 mln
Percentage of Increase
50%
Method
one bonus share for every two shares owned
New Capital
SAR 45 mln
New No. of Shares
2.25 bIn
Reason
Strengthening the company’s capital base, thereby supporting higher growth rates and enabling the expansion of its operations in the coming years.
Method
Through the capitalization of SAR 750 million from the share premium account.
Record Date
Shareholders of record on the date of the EGM that will approve the capital increase through bonus shares, and those registered with Edaa at the end of the second trading day following the EGM. The date of the meeting will be announced later.
