Riyadh – Mubasher: The Saudi Exchange (Tadawul) announced the adjustment of the daily fluctuation limit for Arabian Centres Company (Cenomi Centers) shares to a reference price of SAR 14.52.
This price revision follows the company’s extraordinary general meeting (EGM) held on 27 September, during which shareholders approved a capital increase through the issuance of bonus shares.
As a result of the corporate action, Tadawul confirmed that all existing outstanding orders for the stock have been cancelled. The Securities Depository Center (Edaa) is scheduled to complete the technical process of adding the bonus shares to shareholder portfolios before the start of the trading session on 30 September 2026.
The capital hike via capitalization of reserves is a standard procedure on the Saudi bourse to support company growth and provide returns to investors.
Cenomi Centers, which operates a significant portfolio of retail destinations across the Kingdom, will see its total outstanding shares increase as a result of this approved measure. Trading on the adjusted price basis commenced during Monday's session.
