Arabian Internet and Communications, SA15CIBJGH12

solutions approves 100% bonus issue for Arabian Internet and Communications stock

Published on 10/08/2026 at 14:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Shareholders approved one bonus share per share on October 6, 2026. The 100% capital increase affects Arabian Internet and Communications stock.

Arabian Internet and Communications, SA15CIBJGH12, Illustration mit AI erstellt.

solutions shareholders approved a 100% capital increase through one bonus share for every share held on October 6, 2026, according to Argaam. The move raises the company capital from SAR 1.2 billion to SAR 2.4 billion and doubles the share count from 120.0 million to 240.0 million.

Three capital milestones

On August 4, 2026, solutions disclosed a SAR 364.0 million contract to build a data center for Center3, as listed by Argaam. On October 6, 2026, the company signed a two-year SAR 190.0 million managed messaging contract with STC Bank, according to Argaam. On October 6, 2026, shareholders also approved the 100% bonus issue, with the approval reported by Argaam on October 7, 2026.

What changes after the bonus issue?

The capital action transfers SAR 1.2 billion from retained earnings and gives eligible shareholders one additional share for each existing share. The resulting 240.0 million shares represent a 100.0% increase from the previous 120.0 million shares, making share-count expansion the immediate numerical effect of the decision.

What comes next?

Argaam reported that Edaa is scheduled to deposit the bonus shares before trading begins on October 11, 2026. The record date was October 6, 2026, and fractional shares are to be consolidated and sold, with proceeds distributed proportionally within 30 days.

Contract revenue starts in the fourth quarter

The SAR 190.0 million STC Bank agreement has a two-year term and is expected to affect solutions financial statements from the fourth quarter of 2026, according to Argaam. STC Bank is a related party: Saudi Telecom Company holds 79.0% of solutions and 92.3% of STC Bank. For investors, the contract and the bonus issue point to two separate developments, one affecting future revenue and the other changing the equity structure.

Saudi listing and company profile

Arabian Internet and Communications Services Company SJSC trades on Tadawul under ticker 7202.SR and ISIN SA15CIBJGH12, as reported by Global Banking and Finance. The company operates in information technology services, including managed services, cloud infrastructure, cybersecurity and digital solutions. Its next operational date is October 11, 2026, when the bonus shares are scheduled for deposit.