DRC General Assembly approves 75% capital increase
The Digital Research Company (DRC) approved a 75% increase in its capital by granting free shares to its shareholders, amounting to 12.66 million riyals, bringing the total capital to 29.53 million riyals. This was achieved through the issuance of 1.27 million shares, with a ratio of three shares for every four existing shares. Additionally, the general assembly approved the Board of Directors' report and the financial statements for the year 2025, as well as amended the company's bylaws and adopted an employee stock program. The meeting was attended by 51.98% of the capital.
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