Logo ofArabian Pipe Co.
The Capital Market Authority (CMA) approved today, June 11, Arabian Pipe Co.’s request to increase its capital from SAR 200 million to SAR 252 million through the issuance of one bonus share for every four existing shares held. 
In a statement, the authority said shareholders registered with the Securities Depository Center (Edaa) by the end of the second trading day following the eligibility date, which will be determined later by the company’s board of directors, will be entitled to the bonus shares.
The capital increase will be financed by transferring SAR 52 million from retained earnings, raising the number of shares from 200 million to 252 million, an increase of 52 million shares.
The company’s deciding extraordinary general meeting (EGM) shall be held within six months from this approval date, provided satisfying all regulatory requirements and applicable laws, the CMA said.
Arabian Pipe’s board of directors recommended in February 2026 increasing the company’s capital from SAR 200 million to SAR 252 million, representing a 26% increase through the issuance of one bonus share for every four existing shares, according to Argaam’s data.
Capital Increase Details
Current Capital
SAR 200 mln
No. of Shares
200 mln
New Capital
SAR 252 mln
New No. of Shares
252 mln
Percentage of Increase
26%
Reason
Strengthening the company’s capital base to support future growth plans.
Share Ratio
one bonus share for every four shares held
Method
Capitalizing SAR 52 million from retained earnings through the issuance of 52 million new ordinary shares:
Granting 50 million bonus shares to shareholders registered in the company’s shareholder register (representing 25% of the company’s capital before the increase, at a ratio of one bonus share for every four shares held)
Allocating a portion of the newly issued shares as treasury shares for the Employee Incentive Share Program under the long-term incentive plan, with 2 million shares allocated to the program (representing 1% of the company’s capital before the increase)
Record Date
Eligibility will be for shareholders of record and those registered with Edaa by the close of the second trading day following the record date.
Logo ofArabian Pipe Co.
The Capital Market Authority (CMA) approved today, June 11, Arabian Pipe Co.’s request to increase its capital from SAR 200 million to SAR 252 million through the issuance of one bonus share for every four existing shares held.
In a statement, the authority said shareholders registered with the Securities Depository Center (Edaa) by the end of the second trading day following the eligibility date, which will be determined later by the company’s board of directors, will be entitled to the bonus shares.
The capital increase will be financed by transferring SAR 52 million from retained earnings, raising the number of shares from 200 million to 252 million, an increase of 52 million shares.
The company’s deciding extraordinary general meeting (EGM) shall be held within six months from this approval date, provided satisfying all regulatory requirements and applicable laws, the CMA said.
Arabian Pipe’s board of directors recommended in February 2026 increasing the company’s capital from SAR 200 million to SAR 252 million, representing a 26% increase through the issuance of one bonus share for every four existing shares, according to Argaam’s data.
Capital Increase Details
Current Capital
SAR 200 mln
No. of Shares
200 mln
New Capital
SAR 252 mln
New No. of Shares
252 mln
Percentage of Increase
26%
Reason
Strengthening the company’s capital base to support future growth plans.
Share Ratio
one bonus share for every four shares held
Method
Capitalizing SAR 52 million from retained earnings through the issuance of 52 million new ordinary shares:
Granting 50 million bonus shares to shareholders registered in the company’s shareholder register (representing 25% of the company’s capital before the increase, at a ratio of one bonus share for every four shares held)
Allocating a portion of the newly issued shares as treasury shares for the Employee Incentive Share Program under the long-term incentive plan, with 2 million shares allocated to the program (representing 1% of the company’s capital before the increase)
Record Date
Eligibility will be for shareholders of record and those registered with Edaa by the close of the second trading day following the record date.
