On April 5, 2026, Seera Group Holding announced that the Capital Market Authority (CMA) has approved the company's application to reduce its capital from SAR 3,000,000,000 to SAR 2,740,486,520, representing an 8.65% reduction. The capital decrease will be executed through the cancellation of 25,951,348 ordinary treasury shares, including 2,034,737 shares allocated under the Employee Stock Program. The reduction is subject to approval by the company's Extraordinary General Assembly, with the capital decrease becoming effective at the end of the second trading day following the assembly meeting. The company will publish a shareholders' circular detailing the proposed reduction method and expected effects prior to the extraordinary general assembly meeting.

Original announcement:

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