Mubasher TV
Contact Us Advertising   العربية

Edaa completes 100% capital increase procedures for Al Naqool

Edaa completes 100% capital increase procedures for Al Naqool
Saudi Exchange (Tadawul)
ALNAQOOL
9514
131.49% 81.90 46.52

Riyadh — Mubasher: The Securities Depository Center Company (Edaa) announced, on 30 July 2026, the implementation of issuer procedures regarding the increase in the quantity of securities for Mohammed Hasan Al Naqool Sons Company.

Edaa confirmed that the additional shares have been deposited into the accounts of eligible shareholders as of 30 July 2026.

The adjustment follows the company’s corporate action to double its capital to SAR 58 million, with the updated share quantities now reflected in investor portfolios.

This administrative update ensures that all entitled shareholders have received their respective allocations in accordance with the approved capital hike terms and regulatory requirements.