Logo ofSaudi Printing and Packaging Co.
The Capital Market Authority (CMA) announced its approval of Saudi Printing and Packaging Co.‘s planned capital reduction from SAR 652.07 million to SAR 68.97 million. Consequently, the number of shares will be cut from 65.21 million to 6.90 million. 
The approval is conditional on the extraordinary general meeting’s (EGM) nod and completion of the necessary regulatory procedures.
Saudi Printing and Packaging will publish a disclosure document to its shareholders related to the proposed method of capital reduction and the expected effects within sufficient time prior to the EGM to enable shareholders to vote on the capital decrease.
The CMA said its approval of the capital reduction should never be viewed as an endorsement of the feasibility of the capital decrease, as it merely means that the regulatory requirements under the Capital Market Law and its executive regulations have been met.
According to Argaam data, Saudi Printing’s board recommended in June 2026 reducing the company’s capital by 89.42% to SAR 68.97 million, to write off SAR 583.10 million in accumulated losses.
Logo ofSaudi Printing and Packaging Co.
The Capital Market Authority (CMA) announced its approval of Saudi Printing and Packaging Co.‘s planned capital reduction from SAR 652.07 million to SAR 68.97 million. Consequently, the number of shares will be cut from 65.21 million to 6.90 million.
The approval is conditional on the extraordinary general meeting’s (EGM) nod and completion of the necessary regulatory procedures.
Saudi Printing and Packaging will publish a disclosure document to its shareholders related to the proposed method of capital reduction and the expected effects within sufficient time prior to the EGM to enable shareholders to vote on the capital decrease.
The CMA said its approval of the capital reduction should never be viewed as an endorsement of the feasibility of the capital decrease, as it merely means that the regulatory requirements under the Capital Market Law and its executive regulations have been met.
According to Argaam data, Saudi Printing’s board recommended in June 2026 reducing the company’s capital by 89.42% to SAR 68.97 million, to write off SAR 583.10 million in accumulated losses.
