Logo ofEdarat Communication and Information Technology Co.
Edarat Communication and Information Technology Co. said its shareholders approved the board of directors’ recommendation to increase capital by 50% through the capitalization of SAR 25.2 million from retained earnings, during an extraordinary general meeting (EGM) held on June 14. 
The capital increase will be implemented through a one-for-two bonus share distribution.
Capital Increase Highlights
Current Capital
SAR 50.40 mln
Number of Shares
5.04 mln
Percentage Increase
50% (one-for-two bonus shares)
New Capital
SAR 75.60 mln
New Number of Shares
7.56 mln
Method
By Capitalizing SAR 25.2 million from retained earnings
Record Date
June 14, 2026
Reason
To support and strengthen capital base and future activities, thereby contributing to the achievement of strong growth rates in the coming years, in line with the company’s established policy.
Fractional shares will be collected in a single portfolio and sold at market price. Proceeds will be distributed to eligible shareholders pro rata within 30 days maximum.
Shareholders also approved authorizing the board of directors to distribute interim dividends on a semi-annual or quarterly basis for the year ending Dec. 31, 2026.
Share price fluctuation limit was calculated based on a price of SAR 269.40 as of June 15, 2026, with all outstanding orders being cancelled, according to Tadawul.
The Securities Depository Center Co. (Edaa) will add the bonus shares to shareholders’ portfolios before the start of trading on June 17, 2026.
Logo ofEdarat Communication and Information Technology Co.
Edarat Communication and Information Technology Co. said its shareholders approved the board of directors’ recommendation to increase capital by 50% through the capitalization of SAR 25.2 million from retained earnings, during an extraordinary general meeting (EGM) held on June 14.
The capital increase will be implemented through a one-for-two bonus share distribution.
Capital Increase Highlights
Current Capital
SAR 50.40 mln
Number of Shares
5.04 mln
Percentage Increase
50% (one-for-two bonus shares)
New Capital
SAR 75.60 mln
New Number of Shares
7.56 mln
Method
By Capitalizing SAR 25.2 million from retained earnings
Record Date
June 14, 2026
Reason
To support and strengthen capital base and future activities, thereby contributing to the achievement of strong growth rates in the coming years, in line with the company’s established policy.
Fractional shares will be collected in a single portfolio and sold at market price. Proceeds will be distributed to eligible shareholders pro rata within 30 days maximum.
Shareholders also approved authorizing the board of directors to distribute interim dividends on a semi-annual or quarterly basis for the year ending Dec. 31, 2026.
Share price fluctuation limit was calculated based on a price of SAR 269.40 as of June 15, 2026, with all outstanding orders being cancelled, according to Tadawul.
The Securities Depository Center Co. (Edaa) will add the bonus shares to shareholders’ portfolios before the start of trading on June 17, 2026.
