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The Board of Directors of Al Rajhi Bank decided, by its resolution taken by circulation on January 13, 2026, to recommend to the Extraordinary General Assembly to increase the bank’s capital by granting bonus shares to the bank’s shareholders by 50% by capitalizing 20 billion riyals from retained earnings; By granting one share for every two shares owned, the capital will rise to 60 billion riyals As shown below:
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Details of capital increase
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Capital before increase
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40 billion riyals
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Number of shares
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4 billion shares
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Percentage of capital increase
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50 %
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Increase method
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Capitalization of 20 billion riyals from the retained earnings account
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Capital after increase
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60 billion riyals
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Number of shares after the increase
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6 billion shares
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due date
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By the end of trading on the day of the extraordinary general assembly of the bank (which will be determined later) and those registered in the register of shareholders of the bank with the Securities Depository Center Company (Depository Center) at the end of the second trading day following the date of the extraordinary general assembly.
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The goal of the increase
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Strengthening the bank’s financial position to contribute to achieving its strategic objectives
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The bank said in a statement on Tadawul that if there are fractional shares, the fractions will be collected in one wallet for all shareholders and sold at the market price, then their value will be distributed among the shareholders eligible for the grant, each according to their share, within a period not exceeding 30 days from the date of determining the new shares due to each shareholder.
He stressed that the grant is conditional on obtaining the approval of the official authorities and the extraordinary general assembly for the increase in capital and the number of shares granted, indicating that a no-objection from the Saudi Central Bank had been obtained for the capital increase.
