IssuerAnnouncementDetailsV2Portlet
Actions
Aljouf Mineral Water Bottling Co. Announces the Board’s Recommendation to Increase the Capital by Granting Bouns Shares
9532
ALJOUF WATER
-1.32
%
1447/07/19 08/01/2026 15:34:56
| Element List | Explanation |
|---|---|
| Introduction | Aljouf Mineral Water Bottling Co. announces that its Board of Directors has resolved to recommend to the Extraordinary General Assembly a 33% increase in the company's capital. This will be achieved by granting bonus shares to the company's shareholders through the capitalization of SAR 15,625,000 (fifteen million, six hundred and twenty-five thousand Saudi Riyals) from retained earnings. One (1) bonus share will be granted for every three (3) shares held. |
| Date of Board Meeting | 2026-01-08 Corresponding to 1447-07-19 |
| Capital before increase | 46875000 |
| Capital after increase | 62500000 |
| Percentage of Capital increase | 33 % |
| Number of shares before Capital increase | 93750000 |
| Number of shares after Capital increase | 125000000 |
| Reasons for the increase | To support the company's growth, business expansion, and strengthen its financial position |
| Number of Shares Granted per Exiting Share | One (1) share for every three (3) shares owned |
| Nature and Value of Reserves Used in the Capitalization | The increase will be achieved by capitalizing an amount of (15,625,000) fifteen million six hundred and twenty-five thousand Saudi Riyals from retained earnings. |
| Eligibility Date | The entitlement date for shareholders who own shares at the end of trading on the day of the Extraordinary General Assembly of the Company (which will be determined later) and who are registered in the Company's shareholder register at the Securities Depository Center Company (Depository Center) at the end of the second trading day following the date of the Extraordinary General Assembly meeting. |
| Fractional Shares | In the event of fractional shares, the fractions will be consolidated into a single portfolio for all shareholders and sold at the market price. The proceeds will then be distributed proportionally among the eligible shareholders according to each shareholder's entitlement within a period not exceeding 30 days from the date of determining the shares due to each shareholder. |
| Approvals | The increase in capital is subject to obtaining the approvals of the competent official authorities, as well as the approval of the Extraordinary General Assembly. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
Share
Company Performance
ALJOUF WATER
Add To Watchlist
In your Watchlist
Add To Watchlist
Key Parameters
Last Price 2.24
Net Change -0.03 (-1.32%)
Value Traded (Sar) 93,575.2
Volume Traded 41,855
LoginPortletPopupv2
Actions
AddtoWatchlistv2
Actions