Baladna shareholders approve capital hike to QR2.14bn

Baladna Shareholders Approve Capital Increase to QR2.14 Billion

Baladna’s shareholders have approved a 7.1% capital increase, raising the company’s capital to QR2.14 billion through the issuance of bonus shares at a 1:14 ratio. Eligibility for these shares is limited to shareholders registered with the depository centre at the close of trading on November 4, 2025, the date of the ordinary general assembly.

Bonus Shares Allocation

The bonus shares are issued as a reward to shareholders, reflecting the successful execution of Baladna’s operational strategy and strong financial outcomes. The distribution equates to one bonus share for every fourteen shares held, representing an effective ratio of 0.071 bonus shares per held share.

Dividend and Retained Earnings Approval

The general assembly unanimously consented to the board’s proposal to distribute interim dividends for the first half of 2025, along with retained earnings from 2024. This distribution totals QR142.93 million, delivered as bonus shares following the approved ratio.

Financial Performance Highlights

Baladna recently reported record results for the first half of 2025, demonstrating consistent year-on-year growth. This performance is attributed to strong governance, efficient resource and cost management, and improved operational efficiency. The company maintains a clear focus on generating added value for shareholders.

“The bonus issue rewards shareholders following the successful execution of the company’s operational strategy and its strong financial performance.”

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Gulf Times Gulf Times — 2025-11-08

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