Tadawul adjusts Mulkia Investment stock price following capital hike approval
MULKIA
9585 -16.28% 36.00 -7.00
Riyadh - Mubasher: The Saudi Exchange (Tadawul) has adjusted the fluctuation limit for Mulkia Investment Company shares based on a price of SAR 37.26, effective on 16 July 2026.
The adjustment follows the approval of a capital increase through the issuance of bonus shares during the company’s extraordinary general meeting (EGM) held on 15 July 2026.
In accordance with standard market procedures for corporate actions, Tadawul confirmed that all existing outstanding orders for the stock have been cancelled.
The capital expansion, conducted via the distribution of additional shares to existing investors, necessitated the technical price reset to reflect the new share count.
The Securities Depository Center (Edaa) is scheduled to complete the administrative processing of the issuance by depositing the bonus shares into shareholder portfolios.
This process is expected to be finalized before the start of the trading session on Monday, 20 July 2026. The move is part of the company's broader strategy to adjust its capital structure through the capitalization of reserves.
Mulkia Investment commenced its electronic voting for its EGM following an initial invitation issued on 21 June.
Source: Mubasher Source: {{details.article.source}}