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Anabeeb reports sale proceeds from fractional shares

Anabeeb reports sale proceeds from fractional shares

The Arab Industrialization Company (ANABIP) announced the deposit of proceeds from the sale of fractional shares resulting from the company's capital increase into the eligible shareholders' accounts. This follows the completion of the capital increase procedures approved by the Extraordinary General Assembly during its third meeting on August 24, 2026. A total of 5,926 shares were sold at an average price of 5.23 riyals per share, generating approximately 31,000 riyals in total proceeds. These amounts have been directly distributed to shareholders through their bank accounts in cooperation with the Arab Bank. The company has also urged shareholders who did not receive their funds to visit the bank branches to claim their entitlements.

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