Logo of Company for Cooperative Insurance (Tawuniya)
The Company for Cooperative Insurance’s (Tawuniya) extraordinary general meeting (EGM) approved a 50% increase in the company’s capital to SAR 2.25 billion. 
The increase will be funded through the capitalization of SAR 750 million from retained earnings, with one bonus share issued for every two shares held.
Capital Increase Details
Current capital
SAR 1.5 billion
Current number of shares
150 million shares
Capital increase
50%
Method
One bonus share for every two shares held
Post-increase capital
SAR 2.25 billion
Number of shares post-increase
225 million shares
Purpose
Strengthen the company’s capital base, supporting growth and expansion of its business in the coming years
Retained earnings to be capitalized
SAR 750 million
Record date
Sept. 3, 2026
In a separate statement, Saudi Exchange (Tadawul) said the company’s daily price fluctuation limits for today, Sept. 6 were calculated based on a share price of SAR 90.65, and all outstanding orders were canceled.
Edaa will also deposit the bonus shares into shareholders’ portfolios before trading begins on Tuesday, Sept. 8.
Logo of Company for Cooperative Insurance (Tawuniya)
The Company for Cooperative Insurance’s (Tawuniya) extraordinary general meeting (EGM) approved a 50% increase in the company’s capital to SAR 2.25 billion.
The increase will be funded through the capitalization of SAR 750 million from retained earnings, with one bonus share issued for every two shares held.
Capital Increase Details
Current capital
SAR 1.5 billion
Current number of shares
150 million shares
Capital increase
50%
Method
One bonus share for every two shares held
Post-increase capital
SAR 2.25 billion
Number of shares post-increase
225 million shares
Purpose
Strengthen the company’s capital base, supporting growth and expansion of its business in the coming years
Retained earnings to be capitalized
SAR 750 million
Record date
Sept. 3, 2026
In a separate statement, Saudi Exchange (Tadawul) said the company’s daily price fluctuation limits for today, Sept. 6 were calculated based on a share price of SAR 90.65, and all outstanding orders were canceled.
Edaa will also deposit the bonus shares into shareholders’ portfolios before trading begins on Tuesday, Sept. 8.
