Obeikan Glass Co. (9531)

Riyadh – Mubasher: Obeikan Glass Company appointed Abdullah Abdulrahman Al Obeikan as its Chairman for three years. The company also announced Abdullah Muhammad Al Humaidhi as Deputy Chairman, according to a bourse filing. The board members …

Riyadh – Mubasher: The board members of Obeikan Glass Company greenlighted cash dividends valued at SAR 64 million for 2023, according to a bourse filing. Obeikan Glass will pay out a dividend of SAR 2 per share, representing 20% of the share …

Riyadh – Mubasher: Obeikan Glass Company announced the shareholders’ approval to increase its capital by SAR 80 million to SAR 320 million from SAR 240 million. The new capital will be distributed over 32 million shares, instead of 24 million …

Riyadh – Mubasher:  Obeikan Glass Company posted a net profit after Zakat and tax of SAR 71.73 million in the first nine months (9M) of 2023, down by 53.55% year-on-year (YoY) from SAR 154.43 million. The earnings per share (EPS) of Obeikan Glass …

Riyadh – Mubasher: The Capital Market Authority (CMA) approved, in late September 2023, for Obeikan Glass Company to raise its capital from SAR 240 million to SAR 320 million through 80 million bonus shares. The company will issue one bonus share …

Riyadh – Mubasher: Obeikan Glass Company announced the resignation of Fayez Jameel Abdulrazzaq from his position as the firm’s CEO due to personal reasons, according to a bourse filing. The board members accepted Abdulrazzaq’s resignation on 31 …

By: Bedour El-Raie  Mubasher: The Parallel Market (Nomu) of the Saudi Exchange (Tadawul) witnessed an unprecedented leap in new initial public offerings (IPOs) in 2022, welcoming 32 new companies to the market. The number of Nomu-listed companies …

Riyadh – Mubasher: The board of Obeikan Glass Company recommended, on 7 January, a capital increase of 33.33% by granting 80 million bonus shares. Subject to the approval of the extraordinary general meeting (EGM), the new capital will stand at …

Riyadh - Mubasher: Obeikan Glass Company logged net profits after Zakat and tax worth SAR 173.68 million in 2021, a surge of 903.93% compared to SAR 17.30 million in 2020. The company’s revenues increased by 77.26% to SAR 463.24 million in 2021 …