Logo ofAl-Baha Investment and Development Co.
Al-Baha Investment and Development Co.’s shareholders approved a board recommendation to reverse a stock split from SAR 0.1 per share to SAR 1 per share. 
The decision was made during the extraordinary general meeting (EGM) held on April 9, 2025.
Reverse Stock Split Details
Current Capital
SAR 218.30 mln
CurrentNumber of Shares
2.183 mln
Nominal Value
SAR 0.10
New Capital
SAR 218.30 mln
Number of Shares
218.30 mln
Nominal Value
SAR 1
The company confirmed that there will be no change in the company’s capital before or after the reverse stock split process.
It also indicated that the decision will apply to all shareholders of record on the EGM day and those registered with the Saudi Securities Depository Center (Edaa) by the close of trading on the second day following the general meeting.
The decision will take effect on the share price starting from the next business day following the general meeting. The adjustment to the number of shares in shareholders’ portfolios will be applied on the second trading day after the EGM.
The Saudi Exchange (Tadawul) said that the fluctuation limit for Al-Baha stock will be calculated based on a price of SAR 3.50 today, April 9, and that existing orders will be canceled.
Additionally, Edaa will reflect the reverse split shares to shareholders’ portfolios before the start of trading on April 10.
Meanwhile, shareholders approved renaming the company to Saudi Darb Investment Co. (Saudi Darb) after completing all procedures with the Ministry of Commerce and relevant authorities.
Logo ofAl-Baha Investment and Development Co.
Al-Baha Investment and Development Co.’s shareholders approved a board recommendation to reverse a stock split from SAR 0.1 per share to SAR 1 per share.
The decision was made during the extraordinary general meeting (EGM) held on April 9, 2025.
Reverse Stock Split Details
Current Capital
SAR 218.30 mln
CurrentNumber of Shares
2.183 mln
Nominal Value
SAR 0.10
New Capital
SAR 218.30 mln
Number of Shares
218.30 mln
Nominal Value
SAR 1
The company confirmed that there will be no change in the company’s capital before or after the reverse stock split process.
It also indicated that the decision will apply to all shareholders of record on the EGM day and those registered with the Saudi Securities Depository Center (Edaa) by the close of trading on the second day following the general meeting.
The decision will take effect on the share price starting from the next business day following the general meeting. The adjustment to the number of shares in shareholders’ portfolios will be applied on the second trading day after the EGM.
The Saudi Exchange (Tadawul) said that the fluctuation limit for Al-Baha stock will be calculated based on a price of SAR 3.50 today, April 9, and that existing orders will be canceled.
Additionally, Edaa will reflect the reverse split shares to shareholders’ portfolios before the start of trading on April 10.
Meanwhile, shareholders approved renaming the company to Saudi Darb Investment Co. (Saudi Darb) after completing all procedures with the Ministry of Commerce and relevant authorities.
