Riyadh — Mubasher: The Securities Depository Center Company (Edaa) implemented corporate actions regarding the capital increase for the Company for Cooperative Insurance (Tawuniya).
The depository center has completed the addition of the new securities into the accounts of eligible shareholders as of 8 September.
The adjustment follows the approval of the company’s request to increase its share capital. Edaa confirmed that the reflected changes in shareholder portfolios are effective immediately, allowing for the trading of the newly issued shares.
This procedure aligns with the regulatory framework for capital adjustments on the Saudi Exchange (Tadawul), ensuring that all entitlements are accurately distributed to the investor base following the company's extraordinary general meeting resolutions.
