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Saudi Exchange Outlines Fluctuation Limits for Ades Holding's Capital Hike

MT Newswires·10/29/2026 05:42:06
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05:42 AM EDT, 10/29/2026 (MT Newswires) -- The Saudi Exchange set the fluctuation limits for Ades Holding (SASE:2382) following shareholder approval of the company's capital boost through the issuance of bonus shares. The limits on the drilling services company on Thursday will be based on a share price of 8.66 Saudi riyals, with outstanding orders to be canceled, according to a same-day notice. Saudi Arabia's Securities Depository Center, or Edaa, will deposit the new shares into investor portfolios by Nov. 2.