Arabian Internet and Communications, SA15CIBJGH12

Edaa applies 100% bonus issue to Arabian Internet and Communications stock

Published on 10/21/2026 at 09:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Capital is SAR 2.40 billion after one bonus share per share. Arabian Internet and Communications stock follows SAR 824 million in first half of 2026.

Capital and earnings milestones

Edaa applied the 100.00 percent bonus issue on October 11, 2026.
First-half 2026 profit reached SAR 824 million.
Fourteen analysts set a SAR 127.30 average target on October 14, 2026.

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

Arabian Internet and Communications (ISIN SA15CIBJGH12) now has SAR 2.40 billion in capital after a 100.00 percent increase was applied on October 11, 2026. Argaam reported that the Saudi Securities Depository Center credited eligible shareholders with the additional securities. The move turns a one-for-one bonus distribution into the central market story for the company.

Capital doubles through bonus shares

The transaction followed shareholder approval on October 6, 2026. According to Argaam, the company capitalized SAR 1.20 billion from retained earnings, lifting capital from SAR 1.20 billion to SAR 2.40 billion and increasing the share count from 120 million to 240 million.

What does the new capital mean?

The enlarged equity base gives management more room to fund expansion and diversify investments, the company rationale cited by Argaam said. The latest operating reference is first-half 2026 profit of SAR 824 million, while second-quarter profit reached SAR 453 million, according to Argaam.

Three dated milestones shape the story

On October 6, 2026, shareholders approved the 100.00 percent capital increase and one bonus share for each existing share. On October 7, 2026, the company disclosed a two-year SAR 190 million managed messaging contract with STC Bank, with financial effects starting in the third quarter of 2026, as Arab News reported. On October 11, 2026, Edaa applied the capital increase to eligible shareholder accounts, according to Argaam.

Next date and analyst valuation

Investing.com lists October 26, 2026 as the next earnings date. Its October 14, 2026 consensus covered 14 analysts and put the average 12-month target at SAR 127.30, with estimates ranging from SAR 104.60 to SAR 161.00.

Capital structure remains the key marker

Arabian Internet and Communications Services Company is listed on Tadawul under ticker 7202 and operates in information technology services. The 2026 sequence links a larger share base, a SAR 190 million contract and SAR 824 million first-half profit, giving investors three concrete markers for assessing the company before its next reported results.