Riyadh – Mubasher: Specialized Medical Company (SMC Healthcare) has received an official notification from Al Thumad Trading Company regarding a significant reorganization of its equity position.
The major shareholder, which currently controls a 14.13% stake in the healthcare provider, intends to redistribute its entire holding.
Al Thumad Trading plans to reorganize more than 35.34 million shares to the individual investment portfolios of its owners.
SMC Healthcare was formally notified by Al Thumad Trading on 18 May 2026 for the redistribution of this block of shares.
It is important to note that this transaction does not constitute a divestment or a sale of shares to the general public, but rather an internal redistribution of the existing stake among the firm's private owners.
SMC Healthcare confirmed that the process will adhere to the rules and procedures established by the Capital Market Authority (CMA) and other relevant regulatory bodies in Saudi Arabia.
The shareholders of the listed company recently approved a cash dividend payout totaling SAR 80 million for 2025.
