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Dar Al-Markaba votes on share value change

Dar Al-Markaba votes on share value change

Dar Almarkaba Car Rental Company will hold an extraordinary general assembly meeting on November 11, 2026, to discuss amending the nominal value of the share from half a Riyal to ten Riyals, and reducing the number of shares from 50 million to 2.5 million shares, with no change to the total capital of 25 million Riyals. The purpose of this adjustment is to restructure the company's shares, which will affect the share price and update the number of shares in investment portfolios. A specific percentage of shareholders' presence is required for the meeting to be valid, and electronic voting will be available for registered shareholders.

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