Logo ofAYYAN Investment Co.
AYYAN Investment Co. said its board of directors recommended reducing capital by 24.72% from SAR 1.01 billion to SAR 757.6 million to restructure capital to offset accumulated losses and execute an additional reduction as it exceeds the company’s needs, according to a statement toTadawul. 
Capital Reduction Details
Current Capital
SAR 1.006 bln
No. of Shares
100.64 mln
New Capital
SAR 757.59 mln
No. of Shares
75.76 mln
Reduction (%)
24.72%
Reason
Restructuring capital to offset accumulated losses, and execute an additional reduction as it exceeds the company’s needs
Date
The end of the second trading day following the EGM
Method
SAR 198.77 mln reduction through the cancellation of 19.88 mln shares to offset accumulated losses (0.197 shares to be cancelled for each share held).
SAR 50 mln reduction by cancellation of 5 mln shares, reflecting capital in excess of the company’s needs (0.049 shares to be cancelled for each share held). The reduction will be implemented by returning the corresponding amount to shareholders.
The company emphasized that the capital reduction will have no negative impact on its financial obligations, operations, financial performance, or regulatory status.
The recommendation remains subject to obtaining the approvals of the Capital Market Authority (CMA), the relevant regulatory authorities, and the extraordinary general assembly (EGM).
Alinma Capital has been appointed as the financial advisor for the capital reduction process. An announcement will also be made upon submitting the company’s capital reduction application file to the CMA for approval, the statement indicated.
According to Argaam data, AYYAN recorded losses of SAR 87.2 million during H1 2026, compared to a profit of SAR 385.2 million during the same period in 2025.
Accumulated losses at the end of H1 2026 stood at SAR 198.77 million, representing 19.75% of the company’s capital.
Logo ofAYYAN Investment Co.
AYYAN Investment Co. said its board of directors recommended reducing capital by 24.72% from SAR 1.01 billion to SAR 757.6 million to restructure capital to offset accumulated losses and execute an additional reduction as it exceeds the company’s needs, according to a statement toTadawul.
Capital Reduction Details
Current Capital
SAR 1.006 bln
No. of Shares
100.64 mln
New Capital
SAR 757.59 mln
No. of Shares
75.76 mln
Reduction (%)
24.72%
Reason
Restructuring capital to offset accumulated losses, and execute an additional reduction as it exceeds the company’s needs
Date
The end of the second trading day following the EGM
Method
SAR 198.77 mln reduction through the cancellation of 19.88 mln shares to offset accumulated losses (0.197 shares to be cancelled for each share held).
SAR 50 mln reduction by cancellation of 5 mln shares, reflecting capital in excess of the company’s needs (0.049 shares to be cancelled for each share held). The reduction will be implemented by returning the corresponding amount to shareholders.
The company emphasized that the capital reduction will have no negative impact on its financial obligations, operations, financial performance, or regulatory status.
The recommendation remains subject to obtaining the approvals of the Capital Market Authority (CMA), the relevant regulatory authorities, and the extraordinary general assembly (EGM).
Alinma Capital has been appointed as the financial advisor for the capital reduction process. An announcement will also be made upon submitting the company’s capital reduction application file to the CMA for approval, the statement indicated.
According to Argaam data, AYYAN recorded losses of SAR 87.2 million during H1 2026, compared to a profit of SAR 385.2 million during the same period in 2025.
Accumulated losses at the end of H1 2026 stood at SAR 198.77 million, representing 19.75% of the company’s capital.
