Taiba Investment Deposits SAR 407,416 Fractional Share Proceeds
TAIBA 4090.SA | 0.00 |
On June 7, 2026, Taiba Investment Company announced the completion of depositing proceeds from the sale of fractional shares resulting from its capital increase approved by the 17th Extraordinary General Assembly held on May 10, 2026. The company sold 21,514 fractional shares at an average price of 18.9373 per share, generating total proceeds of 407,416.44. The proceeds were deposited into eligible shareholders' accounts on June 8, 2026, with Riyad Bank serving as the distributing entity for investment account holders and special arrangements made for certificate holders.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95888&anCat=1&cs=4090&locale=arNote: 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.
