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Riyadh – Mubasher: The Capital Market Authority (CMA) approved the request of Tihama Advertising and Public Relations Company to reduce its capital to SAR 229.21 million from SAR 400 million.
Following the transaction, the number of shares will decline from 40 million shares to 22.92 million shares, according to a bourse filing.
The CMA greenlights the capital reduction on 15 October 2025.
Source:
Mubasher
