The increase includes 1-for-4 bonus share issue, and allocation of 2 mln shares as treasury shares for ESIP
Arabian Pipes Co. said its shareholders will vote on the board’s proposal to increase capital during the extraordinary general meeting (EGM) scheduled for July 27, according to a Tadawul statement. 
Shareholders will vote on increasing capital by 26%, from SAR 200 million to SAR 252 million.
The increase will be financed by capitalizing SAR 52 million from retained earnings through the issuance of 50 million bonus shares, equivalent to 25% of the company’s capital before the increase, through granting one bonus share for every four shares held.
The company added that two million of the newly issued shares will be allocated as treasury shares for its long-term Employee Stock Incentive Program (ESIP), representing 1% of the company’s capital before the increase.
Details
Current Capital
SAR 200 mIn
Number of Shares
200 mIn
New Capital
SAR 252 mIn
New No. of Shares
252 mIn
Percentage of Increase
26%
Reason
To strengthen the company’s capital base and support future growth plans.
Bonus shares
1 bonus shares for every 4 shares held
Method
Through capitalization of SAR 52 million from retained earnings by issuing 52 million new ordinary shares, as follows:
50 million bonus shares (1-for-4), representing 25% of the company’s capital before the increase.
The remaining two million newly issued shares will be allocated as treasury shares for ESIP, representing 1% of capital before the increase.
Record Date
July 27, 2026 (Shareholders of record registered with Edaa by the end of the second trading day following the record date
Shareholders will also vote on amendments to Articles 7 and 8 of the company’s bylaws, relating to the capital and share subscription, respectively.
They will also vote on the ESIP and authorize the board of directors to determine the plan’s terms, including the allocation price of shares offered to employees.
The increase includes 1-for-4 bonus share issue, and allocation of 2 mln shares as treasury shares for ESIP
Arabian Pipes Co. said its shareholders will vote on the board’s proposal to increase capital during the extraordinary general meeting (EGM) scheduled for July 27, according to a Tadawul statement.
Shareholders will vote on increasing capital by 26%, from SAR 200 million to SAR 252 million.
The increase will be financed by capitalizing SAR 52 million from retained earnings through the issuance of 50 million bonus shares, equivalent to 25% of the company’s capital before the increase, through granting one bonus share for every four shares held.
The company added that two million of the newly issued shares will be allocated as treasury shares for its long-term Employee Stock Incentive Program (ESIP), representing 1% of the company’s capital before the increase.
Details
Current Capital
SAR 200 mIn
Number of Shares
200 mIn
New Capital
SAR 252 mIn
New No. of Shares
252 mIn
Percentage of Increase
26%
Reason
To strengthen the company’s capital base and support future growth plans.
Bonus shares
1 bonus shares for every 4 shares held
Method
Through capitalization of SAR 52 million from retained earnings by issuing 52 million new ordinary shares, as follows:
50 million bonus shares (1-for-4), representing 25% of the company’s capital before the increase.
The remaining two million newly issued shares will be allocated as treasury shares for ESIP, representing 1% of capital before the increase.
Record Date
July 27, 2026 (Shareholders of record registered with Edaa by the end of the second trading day following the record date
Shareholders will also vote on amendments to Articles 7 and 8 of the company’s bylaws, relating to the capital and share subscription, respectively.
They will also vote on the ESIP and authorize the board of directors to determine the plan’s terms, including the allocation price of shares offered to employees.
