TADCO said the financial impact of the two transactions will be reflected in its financials for the period ending Sept. 30, 2026
Tabuk Agricultural Development Co. (TADCO) sold 157,100 shares in Horizon Food Co. at SAR 35 per share for total proceeds of SAR 5.5 million. It also sold an additional 142,900 shares at SAR 35 per share for SAR 5 million, through two separate transactions, before related expenses. 
In a statement on Tadawul, the company said the transactions are expected to result in a SAR 1.1 million loss, reflecting the difference between the selling price and the investment’s carrying value of SAR 38.72 per share, based on the company’s latest annual financial statements for 2025.
The financial impact of the two transactions will be reflected in the company’s financial statements for the period ending Sept. 30, 2026. The company added that it will announce any material developments related to the matter if additional significant sale transactions are executed, in accordance with applicable regulations.
TADCO said the financial impact of the two transactions will be reflected in its financials for the period ending Sept. 30, 2026
Tabuk Agricultural Development Co. (TADCO) sold 157,100 shares in Horizon Food Co. at SAR 35 per share for total proceeds of SAR 5.5 million. It also sold an additional 142,900 shares at SAR 35 per share for SAR 5 million, through two separate transactions, before related expenses.
In a statement on Tadawul, the company said the transactions are expected to result in a SAR 1.1 million loss, reflecting the difference between the selling price and the investment’s carrying value of SAR 38.72 per share, based on the company’s latest annual financial statements for 2025.
The financial impact of the two transactions will be reflected in the company’s financial statements for the period ending Sept. 30, 2026. The company added that it will announce any material developments related to the matter if additional significant sale transactions are executed, in accordance with applicable regulations.
