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SAMA Shareholders Approve Capital Increase From Retained Earnings

Sahmino Newsroom | 2 November 2026 | 10 days ago

SAMAdown3.0%6,180rials11 November

Shareholders of Sanati Ama, traded as SAMA, approved a capital increase funded from retained earnings at an extraordinary general meeting on November 2, 2026. The Codal resolution lists an increase of 4,800 billion rials. The previous capital was 12,500 billion rials according to Sahmino's data, taking approved capital to 17,300 billion rials. There is no cash contribution.

The resolution does not register the new capital immediately. The company says it will register the increase before its annual meeting for the current fiscal year. Since the full amount comes from retained earnings, a holder needs to pay no new money to preserve their percentage ownership.

Reference:CodalThe original report

Further reports: Sahmino

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