‎Naba Alsaha shareholders OK 100% capital hike via bonus shares

Naba Alsaha Medical Services Co. said its shareholders approved on June 3 the board of directors’ recommendation to increase capital by 100% via a bonus share distribution, according to a statement to Tadawul.

Capital Increase details

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Current Capital

SAR 105 mln

Current No. of Shares

10.5 mln

Percentage of Increase

100% (a bonus share for every outstanding share)

New Capital

SAR 210 mln

New No. of Shares

21 mln

Method

Used SAR 93 mln from retained earnings and SAR 12 mln from statutory reserve.

Reason

To finance new expansion projects.

Shareholders also authorized the board to distribute interim dividends on a semi-annual or quarterly basis for 2026.

Separately, the Saudi Exchange (Tadawul) said the daily price fluctuation limits for the company’s shares were calculated based on a reference price of SAR 24.5 for June 4, 2026, and that all outstanding orders had been canceled.

The Securities Depository Center Co. (Edaa) will deposit the bonus shares into shareholders’ portfolios before the start of trading on June 8.

Naba Alsaha Medical Services Co. said its shareholders approved on June 3 the board of directors’ recommendation to increase capital by 100% via a bonus share distribution, according to a statement to Tadawul.

Capital Increase details

Current Capital

SAR 105 mln

Current No. of Shares

10.5 mln

Percentage of Increase

100% (a bonus share for every outstanding share)

New Capital

SAR 210 mln

New No. of Shares

21 mln

Method

Used SAR 93 mln from retained earnings and SAR 12 mln from statutory reserve.

Reason

To finance new expansion projects.

Shareholders also authorized the board to distribute interim dividends on a semi-annual or quarterly basis for 2026.

Separately, the Saudi Exchange (Tadawul) said the daily price fluctuation limits for the company’s shares were calculated based on a reference price of SAR 24.5 for June 4, 2026, and that all outstanding orders had been canceled.

The Securities Depository Center Co. (Edaa) will deposit the bonus shares into shareholders’ portfolios before the start of trading on June 8.