Alinma Bank Deposits SAR 2.96M from Fractional Share Sales

ALINMA

ALINMA

1150.SA

0.00

On May 14, 2026, Alinma Bank announced the completion of selling fractional shares resulting from its capital increase approved by the Extraordinary General Assembly on April 21, 2026. The bank sold 120,683 fractional shares on April 28, 2026, at an average price of 24.56 per share, generating proceeds of 2,964,101.77. The bank deposited these proceeds into eligible shareholders' accounts on May 13, 2026, with distribution handled through Alinma Bank branches and investor relations support available for any inquiries.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95388&anCat=1&cs=1150&locale=ar

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.