Riyadh – Mubasher: Fesh Fash Snack Food Production Company has received shareholder approval for a capital increase through the issuance of bonus shares, leading to a recalibration of the company’s trading parameters on the Saudi Exchange (Tadawul).
Following the Extraordinary General Meeting (EGM) held on 7 June 2026, the exchange announced that the stock’s fluctuation limits will be based on a revised reference price of SAR 5.81 effective from the start of trading on 8 June 2026.
The decision to increase the company’s capital was formalized during the (EGM), where shareholders voted in favor of the board of directors' proposal to issue bonus shares.
This corporate action involves the distribution of additional shares to existing shareholders, a process that effectively increases the total number of outstanding shares while adjusting the individual value of each share to maintain the company’s overall market capitalization.
The daily price fluctuation limits are essential for managing market volatility, as they define the maximum percentage a stock can rise or fall within a single trading session.
By resetting these parameters, the exchange aligns the trading price with the post-dilution value of the equity.
As part of the technical transition accompanying this corporate action, Tadawul confirmed that all outstanding orders for Fesh Fash shares have been canceled. This is a routine procedure intended to prevent the execution of trades based on the pre-adjustment valuation, which would no longer reflect the current market reality.
Investors and brokerage firms are required to resubmit their buy and sell orders starting from the Monday session, taking into account the adjusted share price and the new capital structure.
The administrative finalization of the bonus share issuance will be handled by the Securities Depository Center (Edaa). The center is responsible for the technical implementation of the capital increase within the electronic systems of the Saudi capital market.
According to the timeline provided by the exchange, Edaa is scheduled to deposit the new bonus shares into the portfolios of eligible investors by the end of 10 June 2026.