Riyadh – Mubasher: The Saudi Exchange (Tadawul) announced the adjustment of the daily price fluctuation limit for the Saudi Investment Bank’s (SAIB) shares to a reference price of SAR 12.11.
The adjustment follows the bank’s extraordinary general meeting (EGM) held on 1 October 2026, where shareholders officially 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 bank’s stock have been cancelled effective 4 October.
This technical adjustment is implemented to reflect the change in the bank's equity structure following the approval of the share grant.
The Securities Depository Center (Edaa) is scheduled to complete the administrative process for the issuance, with the new bonus shares slated to be deposited into shareholder portfolios before the start of the trading session on Tuesday, 6 October.
The move follows the bank's successful convening of its assembly on the previous Thursday, marking the final approval stage for capital expansion.
This update ensures that the market price and trading limits accurately reflect the new share count in accordance with local exchange regulations.
