On June 21, 2026, Arabian Centers Company (Cenomi Centers) announced its board's recommendation from June 19, 2026, to increase the company's share capital from SAR 4.75 billion to SAR 5.176 billion, representing an 8.98% increase. The capital increase will be achieved through issuing 39,583,333 bonus shares to existing shareholders at a ratio of 1 share for every 12 existing shares, and allocating 3,075,429 shares to a new employee share program. The increase will be funded by capitalizing SAR 712.5 million from retained earnings and aims to support the company's growth, strengthen its financial position, and provide long-term employee incentives. The proposal requires approval from regulatory authorities and the extraordinary general assembly.

Original announcement:

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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.