Riyadh — Mubasher: The Securities Depository Center Company (Edaa) announced the implementation of issuer procedures regarding the increase in the quantity of securities for Arabian Pipes Company, according to a statement.
The depository center confirmed that the additional shares resulting from the company’s capital increase have been deposited into the accounts of eligible shareholders.
This administrative action follows the approval of the capital hike and is effective as of 27 August 2026.
Meanwhile, the update ensures that the electronic records of the center accurately reflect the expanded share base for the manufacturer.
Under the regulatory framework of the Saudi Exchange (Tadawul), Edaa is responsible for executing corporate actions on securities, including capital increases, to maintain the integrity of the clearing and settlement system.
The completion of this process allows shareholders to trade the newly issued securities on the Tadawul.
