ADES shareholders vote on 100 percent bonus issue for ADES stock

Published on 10/19/2026 at 09:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ADES stock faces a capital increase to SAR 2.26 billion on October 28, 2026. First-half revenue reached SAR 4.54 billion, with a 47.6 percent EBITDA margin.

Bonus issue and operating scale

On October 5, 2026, ADES proposed a SAR 1.13 billion capital increase.
First-half 2026 revenue reached SAR 4.54 billion with a 47.6 percent EBITDA margin.
The extraordinary meeting is scheduled for October 28, 2026.
The next earnings report is scheduled for November 9, 2026.

ADES, SA55SG6H5716, Illustration mit AI erstellt.

ADES (ISIN SA55SG6H5716) scheduled a vote on a 100 percent bonus issue for October 28, 2026, according to Argaam on October 5, 2026. The plan would capitalize SAR 1.13 billion from the share premium account and issue one bonus share for every existing share.

Capital would double after approval

The proposed transaction would lift ADES capital from SAR 1.13 billion to SAR 2.26 billion, while the share count would rise from 1.13 billion to 2.26 billion. Argaam said the company presented the move as a way to strengthen shareholders equity and support long-term expansion.

What changes after the 100 percent vote?

The proposal changes the number of shares rather than immediately adding cash from new investors. The company said the capital would be funded from the share premium account, with fractional shares aggregated and sold at market price after eligibility is determined.

Three dated corporate steps

On August 10, 2026, ADES approved a 20 percent interim dividend, as listed by Argaam. On September 22, 2026, the Saudi Capital Market Authority approved the bonus-share request, increasing the planned share count by 1.13 billion shares, according to the Saudi Exchange. On October 5, 2026, ADES announced the October 28 vote and the SAR 1.13 billion capitalization plan through Argaam.

Reporting dates set the next checkpoints

The extraordinary general meeting is scheduled for October 28, 2026. The next earnings report is listed for November 9, 2026, according to TradingView.

Operations provide the financial context

ADES reported SAR 4.54 billion in revenue from contracts with customers for the half ended June 30, 2026, alongside a 47.6 percent EBITDA margin and a SAR 34.67 billion backlog. These figures come from the companys investor-relations materials at ADES. For investors, the October vote links the capital structure directly to the groups expansion plans and the scale of its contracted work.