Riyadh — Mubasher: The Saudi Exchange (Tadawul) announced that the daily price fluctuation limit for Tabuk Agricultural Development Company (TADCO) will be calculated based on a reference price of SAR 43.52.
This adjustment follows the company’s extraordinary general assembly meeting held on 27 September 2026, where shareholders approved a proposal to reduce the company's capital.
As part of the corporate action, all existing outstanding orders for the stock have been canceled.
Trading in the company's shares is currently suspended for two business days starting from 28 September in accordance with listing rules.
During this period, the Securities Depository Center (Edaa) will implement the share reduction across shareholder investment portfolios.
The suspension is scheduled to be lifted at the close of trading on 29 September 2026, with shares expected to resume trading on the following business day. The capital restructuring aims to optimize the financial position of the company.
