Business · Markets · 11 hrs ago
Saudi Resources recommends a 25% share capital increase
Resources Human Resources recommended a 25% increase in its share capital in Saudi Arabia.
The company proposes raising capital from 200 million to 250 million riyals by giving shareholders one free share for every four they own.
It plans to fund the increase by converting 50 million riyals from retained earnings into capital.
The company says this would support its growth plan and strengthen its financial position.
If approved, the number of shares would rise from 20 million to 25 million.
The proposal still needs approval from an extraordinary general assembly.
The company will set the date for that meeting later, and shareholders eligible for the free shares will be those registered at the end of the second trading day after the meeting.
Saudi Resources for Human Resources’ board recommended a 25% increase in the company’s share capital, from 200 million riyals to 250 million riyals.
The proposal would grant one bonus share for every four shares held.
The increase would be funded by transferring 50 million riyals from retained earnings.
The company said the move aims to support its growth plan and strengthen its financial position.
The proposal is subject to approval by an extraordinary general assembly.
- Who
- The board of Saudi Resources for Human Resources.
- What
- It recommended a 25% share capital increase through bonus shares.
- When
- The recommendation was reported on November 5, 2026.
- Where
- Saudi Arabia. The company disclosed the proposal on Tadawul.
- Why
- To support the company’s growth plan and strengthen its financial position.
This story does not have two clearly opposing sides.
The company reported that its board had recommended the share capital increase.
The bonus-share entitlement would apply to shareholders registered at the Securities Depository Center at the end of the second trading day after the meeting that approves the increase.
- Proposed capital increase
- 25%, from 200 million riyals to 250 million riyals
- Bonus-share ratio
- One share for every four shares held
- Funding source
- 50 million riyals from retained earnings
- Share count
- From 20 million shares to 25 million shares
- Approval required
- Extraordinary general assembly
What people are saying
to support the company's growth plan and strengthen its financial position