The Company for Cooperative Insurance Board of Directors recommended to the Extraordinary General Assembly to increase Tawuniya’s capital by 50% via granting bonus shares. Such increase will be via capitalizing SAR 750 million from the retained earnings. Each shareholder will be granted one bonus share for every two shares owned by shareholders at the eligibility date. The capital has been increased from SAR 1,500,000,000 to SAR 2,250,000,000.
Increase Tawuniya’s capital by 50%
Tawuniya announces the Board of Directors' recommendation to increase its capital by granting bonus shares.
23 April, 2026
by
ReTech Reinsurance Brokers Co.
in Saudi Market
ReTech Reinsurance Brokers Co.
23 April, 2026