Arabian Internet and Communications, SA15CIBJGH12

Arabian Internet approves 100% issue: meaning for Arabian Internet and Communications stock

Published on 10/12/2026 at 09:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

One bonus share per share followed the October 6, 2026 approval. For Arabian Internet and Communications stock, this means SAR 2.40 billion capital.

Key points in brief

Arabian Internet and Communications approved a 100 percent capital increase through one bonus share per share on October 6, 2026.
Edaa applied the increase to eligible shareholder accounts on October 11, 2026.
The company reported SAR 824.0 million profit for the first half of 2026 and a SAR 190.0 million managed messaging contract.

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

Arabian Internet and Communications approved a 100 percent capital increase through one bonus share per share on October 6, 2026, a move that lifts its capital from SAR 1.20 billion to SAR 2.40 billion. Argaam reported the shareholder decision and the use of SAR 1.20 billion from retained earnings.

What does the capital increase mean?

The change doubles the number of shares from 120.0 million to 240.0 million, while each eligible shareholder receives one bonus share for every share held. The structure adds capital without a new cash payment from shareholders, because retained earnings fund the increase.

On October 11, 2026, the Saudi Securities Depository Center applied the new securities to eligible shareholder accounts, according to Argaam. The latest corporate action therefore moved from shareholder approval to account allocation within five days.

Three dated company developments

On October 6, 2026, Arabian Internet and Communications signed a two-year managed messaging contract with STC Bank worth SAR 190.0 million. The financial effect begins in the fourth quarter of 2026, and Argaam identified STC Bank as a related party.

Also on October 6, 2026, shareholders approved the 100 percent capital increase. On October 11, 2026, Edaa applied the increase to shareholder accounts, completing the latest reported step in the corporate action.

Profit and market value

Arabian Internet and Communications reported profit of SAR 824.0 million for the first half of 2026, with second-quarter profit of SAR 453.0 million, according to the company overview published by Argaam. The half-year result gives investors a current operating reference alongside the capital action and the new contract.

Market capitalization stood at SAR 23.7 billion as of October 12, 2026. The combination of a doubled share count, SAR 190.0 million in contracted work and SAR 824.0 million in first-half profit defines the current company picture.

Saudi market context

Arabian Internet and Communications trades on Tadawul under ticker 7202, and the company is classified in information technology. The capital increase changes the share count and capital base, while the contract provides a separate operating development scheduled to affect results from the fourth quarter of 2026.

Market context: Latest market reports.