Canadian Medical Center Plans 25% Capital Boost via Bonus Shares

CMCER

CMCER

4021.SA

0.00

On August 9, 2026, Canadian Medical Center Co. announced that its Board of Directors, at a meeting held on August 6, 2026, resolved to recommend to the Extraordinary General Assembly a 25% capital increase through the issuance of bonus shares, granting shareholders 1 share for every 4 shares held. The capital will rise from SAR 77,000,000 to SAR 96,250,000, funded by capitalizing SAR 19,250,000 from retained earnings, increasing the total number of shares from 77,000,000 to 96,250,000. The capital increase aims to strengthen the company's capital structure in support of expansion, growth, and maximizing shareholder value. The transaction remains subject to approval by the relevant regulatory authorities and the Extraordinary General Assembly.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97377&anCat=1&cs=4021&locale=ar

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.