Kingdom Holding completes SAR 840 million Al Hilal deal for Kingdom Holding stock

Published on 10/15/2026 at 12:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kingdom Holding paid SAR 840.00 million for 70.00 percent of Al Hilal on September 1, 2026. The company reported SAR 333.23 million in second-quarter net income, a figure relevant to Kingdom Holding stock.

Al Hilal investment and earnings

Kingdom Holding completed its Al Hilal acquisition for SAR 840.00 million on September 1, 2026.
Second-quarter revenue reached SAR 807.69 million and net income was SAR 333.23 million.
Kingdom Holding had a SAR 49.9 billion market capitalization on October 15, 2026.

Kingdom, SA31RG522S19, Illustration mit AI erstellt.

Kingdom Holding Company (SA31RG522S19) completed its SAR 840.00 million acquisition of a 70.00 percent stake in Al Hilal Club Company on September 1, 2026. M&A Community reported that the seller was Saudi Arabia's Public Investment Fund.

What does the acquisition mean?

The deal adds a major sports asset to Kingdom Holding's diversified portfolio, but its financial importance depends on the club's future cash generation. The acquisition price values the 70.00 percent stake at SAR 840.00 million, giving the transaction a clear capital allocation benchmark.

The company also entered the investment with recent earnings support. For the second quarter of 2026, revenue reached SAR 807.69 million and net income was SAR 333.23 million, according to the financial figures published by TickerLandia.

Three dates define the transaction

The chronology starts on April 16, 2026, when Kingdom Holding announced the agreement to acquire 70.00 percent of Al Hilal for SAR 840.00 million, according to the company's Kingdom Holding investor-relations page. The second milestone was June 30, 2026, the reporting date for second-quarter revenue of SAR 807.69 million and net income of SAR 333.23 million. The current event was the September 1, 2026 completion of the Al Hilal acquisition.

When are the next results due?

The next scheduled reporting date shown by TickerLandia is November 12, 2026. That date gives investors a defined point for assessing whether the company's earnings profile can support its expanding portfolio.

Stock valuation remains a separate question

Kingdom Holding stock was last quoted at SAR 13.46 on Tadawul on October 15, 2026 at 11:46 a.m. CEST, with the market open. The quote was 0.90 percent above the previous session's SAR 13.34, while the company's market capitalization stood at SAR 49.9 billion, according to the structured market data.