Arabian Pipes share fluctuation limit set at SAR 5.08 after capital hike
Arabian Pipes Co. shareholders approve capital increase via bonus shares; fluctuation limit recalculated at SAR 5.08, with bonus shares to be added soon.
Key Takeaways
AIThe extraordinary general assembly of Arabian Pipes Company has approved a capital increase through the issuance of bonus shares.
According to a statement on the Saudi Exchange (Tadawul), the share fluctuation limit for Arabian Pipes was recalculated based on a price of 5.08 riyals (SAR) for Tuesday, August 25, 2026 (corresponding to 12/03/1448H), and all existing orders have been cancelled.
The statement added that the Securities Depository Center Company (Edaa) will credit the bonus shares to shareholders’ portfolios before trading begins on Thursday, August 27, 2026 (14/03/1448H).
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