Riyadh - Mubasher: The Capital Market Authority (CMA) approved increasing Taiba Investments Company’s capital to SAR 5 billion from SAR 2.60 billion by issuing one bonus share for 1.09 existing shares.
The company will transfer SAR 1 billion from the statutory reserve account and SAR 1.39 billion from the share premium account, according to a bourse filing.
Following the transaction, the number of shares will increase to 500 million from 260.45 million.
In the 12-month period that ended on 31 December 2025, the group registered 9.32% higher net profits at SAR 364.80 million, compared to SAR 333.70 million in 2024.