Saudi Printing Seeks CMA Approval for SAR 583M Capital Reduction

SPPC

SPPC

4270.SA

0.00

On July 23, 2026, Saudi Printing and Packaging Company announced the submission of its capital reduction application file to the Capital Market Authority (CMA). The proposed reduction would decrease the Company's capital from SAR 652,070,640 to SAR 68,974,340, through the cancellation of 58,309,630 ordinary shares representing a total value of SAR 583,096,300. The purpose of this capital restructuring is to offset the Company's accumulated losses. The capital reduction remains subject to regulatory approvals, including the approval of the Company's extraordinary general assembly.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96961&anCat=1&cs=4270&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.