Riyadh – Mubasher: The Saudi Exchange (Tadawul) has announced a formal adjustment to the trading parameters for Naba Alsaha Medical Services Company following the approval of a capital increase through the issuance of bonus shares, according to a bourse disclosure.
The daily fluctuation limits for Naba Alsaha will be based on a revised reference price of SAR 24.50, marking a technical adjustment that is a standard procedure designed to maintain market equilibrium following a bonus issue, as the nominal value of the company is distributed across a larger volume of shares.
This regulatory move is effective as of the trading session on 4 June 2026, establishing a new reference price for the company’s shares and outlines the timeline for the distribution of new equity to shareholders.
The adjustment follows the successful conclusion of the extraordinary general meeting (EGM) for Naba Alsaha which was held on 3 June 2026.
During this meeting, shareholders provided the necessary approval for the company to proceed with a capital increase through the issuance of bonus shares. This corporate action involves the capitalization of a portion of the company’s reserves or retained earnings to issue additional shares to existing investors, thereby increasing the total number of outstanding shares in the market.
As part of the exchange’s protocols for managing significant corporate actions, all outstanding orders for Naba Alsaha shares have been canceled.
The cancellation of these orders is intended to protect market participants by preventing the execution of trades based on the previous day’s closing price, which is no longer applicable under the new capital structure.
