Logo ofArabian Plastic Industrial Co. (APICO)
Arabian Plastic Industrial Co.’s (APICO) shareholders approved the board’s recommendation to increase the company’s capital by 36% via a bonus issue during the extraordinary general meeting held on Sept. 3. 
The company will allocate part of the shares to the employee stock incentive program (ESIP), according to a Tadawul statement.
Capital Increase Details
Current Capital
SAR 75 mln
No. of Shares
7.5 mln
Percentage of Increase
36%
Method
Capitalization of SAR 27 million, funded by SAR 385,960 from the additional paid-in capital account and SAR 26.61 million from retained earnings.
Bonus Shares
One bonus share for every three shares held
Treasury Shares
Allocating 200,000 of the new shares resulting from the capital increase as treasury shares towards the long-term ESIP, valued at SAR 2 million, representing 1.96% of the company’s post-increase capital.
New Capital
SAR 102 mln
New No. of Shares
10.2 mln
Reasons
To support the company’s expansion plans, bolster its financial position, and support long-term employee incentive programs to attract and retain talent and drive performance
Record Date
Sept. 3, 2026 (Shareholders registered with the Securities Depository Center (Edaa) at the end of the second trading day following the record date)
Fractional shares, if any, will be collected into one portfolio for all shareholders, to be sold at market price, with proceeds distributed to eligible shareholders pro rata within no more than 30 days from the date of determining the entitled shares, APICO added.
In a separate statement, the Saudi Exchange (Tadawul) announced that the stock’s fluctuation limits for APICO will be based on a share price of SAR 37.1 for today, Sept. 6. Accordingly, the outstanding orders will be canceled.
The Securities Depository Center (Edaa) will deposit the split shares into investors’ portfolios by Sept. 8, the statement added.
Logo ofArabian Plastic Industrial Co. (APICO)
Arabian Plastic Industrial Co.’s (APICO) shareholders approved the board’s recommendation to increase the company’s capital by 36% via a bonus issue during the extraordinary general meeting held on Sept. 3.
The company will allocate part of the shares to the employee stock incentive program (ESIP), according to a Tadawul statement.
Capital Increase Details
Current Capital
SAR 75 mln
No. of Shares
7.5 mln
Percentage of Increase
36%
Method
Capitalization of SAR 27 million, funded by SAR 385,960 from the additional paid-in capital account and SAR 26.61 million from retained earnings.
Bonus Shares
One bonus share for every three shares held
Treasury Shares
Allocating 200,000 of the new shares resulting from the capital increase as treasury shares towards the long-term ESIP, valued at SAR 2 million, representing 1.96% of the company’s post-increase capital.
New Capital
SAR 102 mln
New No. of Shares
10.2 mln
Reasons
To support the company’s expansion plans, bolster its financial position, and support long-term employee incentive programs to attract and retain talent and drive performance
Record Date
Sept. 3, 2026 (Shareholders registered with the Securities Depository Center (Edaa) at the end of the second trading day following the record date)
Fractional shares, if any, will be collected into one portfolio for all shareholders, to be sold at market price, with proceeds distributed to eligible shareholders pro rata within no more than 30 days from the date of determining the entitled shares, APICO added.
In a separate statement, the Saudi Exchange (Tadawul) announced that the stock’s fluctuation limits for APICO will be based on a share price of SAR 37.1 for today, Sept. 6. Accordingly, the outstanding orders will be canceled.
The Securities Depository Center (Edaa) will deposit the split shares into investors’ portfolios by Sept. 8, the statement added.
