Riyadh - Mubasher: Saleh Abdulaziz Al Rashed and Sons Company (SAR) is set to start trading on the Main Market of the Saudi Exchange (Tadawul) on Wednesday, 11 March 2026.
The stock will trade under the symbol 1324 with daily price fluctuation limits of ±30% and static limits of ±10% for the first three trading days, according to a bourse filing.
Thereafter, the daily limits will revert to ±10%, and static limits will cease to apply.
Earlier this month, SAR completed the individual investor offering period and the final allotment of shares for its initial public offering (IPO) on Tadawul.
The company delivered 53.56% year-on-year (YoY) higher net profits attributable to the owners at SAR 91.65 million in 2025, versus SAR 59.68 million.
Likewise, the earnings per share (EPS) grew to SAR 4.93 in January-December 2025 from SAR 3.21 a year earlier.
SAR generated an annual rise of 23.34% in revenue to SAR 739.52 million at the end of December 2025, compared with SAR 599.58 million.