Logo ofACWA Power
ACWA Power Co.’s shareholders approved, during the extraordinary general meeting (EGM) held on June 30, the board recommendation to raise the company’s capital by SAR 7.12 billion through a rights issue. 
Capital Increase Details
Current Capital
SAR 7.32 bln
Total Shares
732.56 mln
New Capital
SAR 7.6 bln
New Total Shares
766.49 mln
Percentage of Increase
4.63%
Number of New Shares
33.93 mln
Offering Price
SAR 210/share
Total Offering Value
SAR 7.12 bln
Par Value
SAR 10
Record Date
To shareholders owning the shares by the end of trading on the EGM date (June 30, 2025)
Reason for Capital Increase
To allow ACWA Power to anchor its growth strategy of tripling the assets under management by 2030 and enhance its financial position.
According to a statement on Tadawul, the EGM also approved authorizing the board of directors to distribute interim dividends on a semi-annual or quarterly basis for 2025.
Shareholders further ratified the company’s repurchase of up to 1.61 million of its own shares to be allocated to employees under the employee stock incentive program (ESIP). The repurchase will be financed through the company’s own resources.
The approval included authorizing the board of directors to complete the share buyback within a maximum period of 18 months from the EGM’s approval date.
ACWA Power will retain the repurchased shares for no more than seven years from the approval date, until they are allocated under the ESIP.
Once this period expires, the procedures and regulations specified in the relevant articles will be followed.
The approval also authorized the board of directors to determine the terms of the program, including the offering price per share to employees, if applicable.
Logo ofACWA Power
ACWA Power Co.’s shareholders approved, during the extraordinary general meeting (EGM) held on June 30, the board recommendation to raise the company’s capital by SAR 7.12 billion through a rights issue.
Capital Increase Details
Current Capital
SAR 7.32 bln
Total Shares
732.56 mln
New Capital
SAR 7.6 bln
New Total Shares
766.49 mln
Percentage of Increase
4.63%
Number of New Shares
33.93 mln
Offering Price
SAR 210/share
Total Offering Value
SAR 7.12 bln
Par Value
SAR 10
Record Date
To shareholders owning the shares by the end of trading on the EGM date (June 30, 2025)
Reason for Capital Increase
To allow ACWA Power to anchor its growth strategy of tripling the assets under management by 2030 and enhance its financial position.
According to a statement on Tadawul, the EGM also approved authorizing the board of directors to distribute interim dividends on a semi-annual or quarterly basis for 2025.
Shareholders further ratified the company’s repurchase of up to 1.61 million of its own shares to be allocated to employees under the employee stock incentive program (ESIP). The repurchase will be financed through the company’s own resources.
The approval included authorizing the board of directors to complete the share buyback within a maximum period of 18 months from the EGM’s approval date.
ACWA Power will retain the repurchased shares for no more than seven years from the approval date, until they are allocated under the ESIP.
Once this period expires, the procedures and regulations specified in the relevant articles will be followed.
The approval also authorized the board of directors to determine the terms of the program, including the offering price per share to employees, if applicable.
