Riyadh — Mubasher: The Saudi Exchange (Tadawul) announced that the daily price fluctuation limit for Purity for Information Technology Company (Purity Tech) has been adjusted based on a reference price of SAR 17.21.
The price recalibration follows the company’s extraordinary general assembly meeting held on 22 September 2026, during which shareholders approved a capital increase through the issuance of bonus shares.
In accordance with market operating procedures for corporate actions, Tadawul confirmed that all outstanding orders for the company’s stock were cancelled before the adjustment.
The new price base and fluctuation limits became effective for the trading session on 24 September 2026.
The Securities Depository Center (Edaa) is finalized to manage the technical implementation of the capital hike.
According to the exchange disclosure, Edaa will credit the bonus shares to the portfolios of eligible shareholders before the start of trading on Monday, 28 September.
The issuance is part of the company's broader strategy to strengthen its capital base via non-cash distributions to its existing investor base.
