Riyadh – Mubasher: The Saudi Exchange (Tadawul) has adjusted the daily trading parameters for Edarat Communication and Information Technology Company (Edarat Group) following the successful approval of a capital increase, according to a bourse filing.

Effective 15 June 2026, the stock’s fluctuation limits will be calculated based on a new reference price of SAR 269.40, marking a significant adjustment in the company’s equity structure.

The adjustment follows the Extraordinary General Meeting (EGM) held by Edarat Group on 14 June 2026, during which the shareholders formally approved the board’s recommendation to increase the company’s capital through the issuance of bonus shares.

This corporate action involves the capitalization of a portion of the company’s reserves, thereby distributing additional shares to existing investors without requiring a direct cash injection from the shareholders.

This technical recalibration is a standard procedure in the Saudi market to ensure that the stock’s market capitalization remains consistent following the increase in the total number of outstanding shares. By adjusting the reference price downward in proportion to the bonus issue, the exchange maintains valuation equilibrium for all market participants.

In conjunction with the price adjustment, the Saudi Exchange confirmed that all outstanding orders for Edarat Group shares placed prior to the modification have been canceled.

This measure is designed to maintain market integrity and protect investors from executing trades at prices that no longer reflect the adjusted valuation. Market participants and brokerage firms are required to resubmit their buy and sell orders based on the new reference price and the updated fluctuation bands.

The administrative execution of the bonus share distribution will be managed by the Securities Depository Center (Edaa). According to the official announcement, Edaa is scheduled to deposit the new bonus shares into the portfolios of eligible shareholders by the end of the day on 17 June 2026. This process ensures that the legal ownership of the additional shares is accurately reflected in the investors’ electronic accounts, allowing for subsequent trading or long-term holding.

The successful execution of this capital increase and the subsequent technical adjustments by the Saudi Exchange and Edaa underscore the efficiency of the Kingdom’s financial infrastructure.