Riyadh – Mubasher: The Saudi Exchange (Tadawul) recently announced a formal adjustment to the daily fluctuation limits for Future Vision for Health Training Company following the successful conclusion of the company’s Extraordinary General Meeting (EGM).
The new limits have been effective from the trading session on 18 June 2026, according to an official statement.
The stock’s reference price was set at SAR 4.17 a share. This technical recalibration follows the approval of a capital increase through the issuance of bonus shares, a move intended to restructure the company’s equity base and reward its existing shareholders.
The decision to increase the company’s capital was ratified during the general assembly held on 17 June 2026. During this session, shareholders voted in favor of the board of directors' proposal to capitalize a portion of the company’s accounts to facilitate the issuance of bonus shares.
Such corporate actions are a standard mechanism within the Saudi capital market, allowing firms to strengthen their paid-in capital while providing shareholders with additional equity in proportion to their current holdings.
In accordance with the operating procedures of Tadawul, the approval of doubling the capital through a bonus issue necessitates an immediate adjustment to the market price of the security. This ensures that the total market capitalization of the company remains theoretically neutral at the moment of the split, despite the increase in the total number of outstanding shares.
To maintain market integrity and prevent the execution of trades based on outdated valuation metrics, Tadawul also confirmed that all outstanding orders for Future Vision shares placed prior to the adjustment have been canceled.
Investors and brokerage firms are required to resubmit their orders based on the new reference price and the updated share count. This measure is a routine safeguard employed by the exchange during significant corporate actions to ensure a fair and transparent discovery of the stock’s value under its new capital structure.
The administrative and technical fulfillment of this capital increase will be managed by the Securities Depository Center, commonly known as Edaa.
Following the regulatory and internal processing of the EGM’s resolutions, Edaa is scheduled to deposit the new bonus shares into the portfolios of eligible investors. This process was completed by the end of the business day on 22 June 2026.
Shareholders will see the additional shares reflected in their investment accounts at that time, finalizing the transition to the expanded capital base.
Meanwhile, the completion of this capital increase represents a significant transition for Future Vision as it aligns its financial structure with its long-term corporate objectives. By converting reserves into share capital, the company demonstrates a commitment to its established shareholder base while adhering to the regulatory frameworks governed by the Saudi Exchange and the Capital Market Authority (CMA).
The successful implementation of the price adjustment and the subsequent share deposit by Edaa ensure that the company’s market presence remains consistent with its updated financial standing.
