Riyadh - Mubasher: The shareholders of Fesh Fash Snack Food Production Company approved a 75% capital increase through the issuance of bonus shares during the company's extraordinary general meeting (EGM) held on 7 June 2026.
The new capital will stand at SAR 19.77 million disbursed over 19.77 million shares, compared to SAR 11.30 million and 11.30 million shares, according to a bourse disclosure.
Fesh Fash plans to allocate SAR 8.47 million from the retained earnings account to support growth strategy and strengthen its financial position.
Hence, the shareholders will receive three bonus shares for every four existing shares held.
Any fractional shares will be consolidated, sold at market price, and distributed to eligible shareholders within 30 days.
The shareholders, who were previously invited for the EGM, authorized the board to distribute interim dividends in 2026 and approved amendments to the company's articles of association.
