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Arabian Pipes Company announces Regarding the latest significant developments related to the Board of Directors' recommendation to increase the company's capital by granting shares
| Element List | Explanation |
|---|---|
| Introduction | With reference to the announcement published on the Tadawul website on Ramadan 6, 1447 AH (February 23, 2026), regarding the Board of Directors' recommendation to increase the company's capital through a bonus share issue, the company wishes to inform its valued shareholders that it is currently working to complete the related procedures and requirements in accordance with applicable regulations and instructions. The company will announce the date of the relevant Extraordinary General Assembly meeting as soon as the necessary regulatory requirements are met. |
| Previous Announcement | Board of Directors' recommendation to increase the company's capital by granting shares |
| Date of Previous Announcement on Saudi Exchange’s Website | 2026-02-23 Corresponding to 1447-09-06 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | The Arabian Pipes Company wishes to inform its valued shareholders that it is currently working to complete the related procedures and requirements in accordance with applicable regulations and instructions. The company will announce the date of the relevant Extraordinary General Assembly meeting as soon as the necessary regulatory requirements are met. |
| Reasons For The Delay on The Date of The Event Previously Announced | N/A |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | N/A |
| Delay consequences on the Company’s financial results | N/A |
| Additional Information | N/A |
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.
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Last Price 7.57
Net Change -0.13 (-1.69%)
Value Traded (Sar) 38,114,340.98
Volume Traded 5,024,109
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