Edaa applies Rasan’s capital increase

10/02/2025 Argaam
Logo ofRasan Information Technology Co.

Logo of Rasan Information Technology Co.

The Securities Depository Center Co. (Edaa) applied the increase in the number of Rasan Information Technology Co.'s shares to the accounts of eligible shareholders today, Feb. 10, according to a Tadawul statement.
 
 

According to data available on Argaam, Rasan’s extraordinary general meeting (EGM) approved, on Feb. 6, lifting capital from SAR 75.8 million to SAR 77.51 million by capitalizing a portion of retained earnings.

 

The capital top-up was executed through the issuance of 1.71 million new ordinary shares. These shares were allocated to the company’s employee long-term stock incentive program.

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