Tadawul adjusts Al Naqool stock price following bonus share approval

ALNAQOOL
9514 -2.26% 40.72 -0.94

Riyadh — Mubasher: The Saudi Exchange (Tadawul) announced on Tuesday, 28 July 2026, the adjustment of the daily fluctuation limit for Mohammed Hasan Al Naqool Sons Company’s shares to a reference price of SAR 41.66.

This adjustment follows the approval of a capital increase through the issuance of bonus shares, according to an official statement.

The capital increase approval was reached during the company’s extraordinary general assembly held on 27 July 2026.

As part of the technical adjustment process, all outstanding orders for the stock have been cancelled.

The Securities Depository Center (Edaa) is scheduled to deposit the new bonus shares into shareholder portfolios before the start of trading on 30 July 2026.

It is worth noting that the capital hike aims to strengthen the company's financial position.

Meanwhile, the specific ratio of the bonus issue was not disclosed in the exchange filing. 

Source: Mubasher Source: {{details.article.source}}