‎Al Rajhi Bank gets CMA nod on 50% capital hike via bonus issue

‎Al Rajhi Bank gets CMA nod on 50% capital hike via bonus issue ‎Al Rajhi Bank gets CMA nod on 50% capital hike via bonus issue

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Al Rajhi Bankheadquarters

The Capital Market Authority (CMA) approvedAl Rajhi Bank‘s request to increase capital from SAR 40 million to SAR 60 million.

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The planned capital top-up will be carried out through a one-for-two bonus share distribution, to shareholders of record who are registered with the Security Depository Center (Edaa) by the close of trading on the second trading day after the record date that will be determined later.

The potential transaction will be financed through transferring SAR 20 million from the retained earnings account to the company’s capital. Consequently, the number of shares will be increased from 10 million to 6 million.

The deciding extraordinary general assembly should be held within six months from this approval date. Al Rajhi Bank should satisfy all regulatory requirements and applicable laws.​

According to Argaam’s data, Al Rajhi Bank’s board, in January 2026, recommended a 50% capital hike to SAR 60 billion from SAR 40 billion through distributing one bonus share for every two shares held.

Capital Increase Details

Current Capital

SAR 40 bln

CurrentNo. of Shares

4 bln

Percentage of Increase

50%

Capitalization

Capitalizing SAR 20 bln from retained earnings

New Capital

SAR 60 bln

New No. of Shares

6 bln

Record Date

Shareholders of record and those registered with Edaa by the close of the second trading day following the extraordinary general meeting (EGM), the date of which will be announced later.

Reason

To enhance the bank’s financial position, which contributes to achieving its strategic objectives.

 

Al Rajhi Bankheadquarters

The Capital Market Authority (CMA) approvedAl Rajhi Bank‘s request to increase capital from SAR 40 million to SAR 60 million.

The planned capital top-up will be carried out through a one-for-two bonus share distribution, to shareholders of record who are registered with the Security Depository Center (Edaa) by the close of trading on the second trading day after the record date that will be determined later.

The potential transaction will be financed through transferring SAR 20 million from the retained earnings account to the company’s capital. Consequently, the number of shares will be increased from 10 million to 6 million.

The deciding extraordinary general assembly should be held within six months from this approval date. Al Rajhi Bank should satisfy all regulatory requirements and applicable laws.​

According to Argaam’s data, Al Rajhi Bank’s board, in January 2026, recommended a 50% capital hike to SAR 60 billion from SAR 40 billion through distributing one bonus share for every two shares held.

Capital Increase Details

Current Capital

SAR 40 bln

CurrentNo. of Shares

4 bln

Percentage of Increase

50%

Capitalization

Capitalizing SAR 20 bln from retained earnings

New Capital

SAR 60 bln

New No. of Shares

6 bln

Record Date

Shareholders of record and those registered with Edaa by the close of the second trading day following the extraordinary general meeting (EGM), the date of which will be announced later.

Reason

To enhance the bank’s financial position, which contributes to achieving its strategic objectives.

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