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Saudi Exchange Sets Fluctuation Limits for Theeb Rent A Car Co.'s Capital Increase

MT Newswires·12/16/2025 03:48:20
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03:48 AM EST, 12/16/2025 (MT Newswires) -- The Saudi Exchange set the fluctuation limits for Theeb Rent A Car Co.'s (SASE:4261) capital raise through the issue of bonus shares. The limits will be based on the car rental company's share price of 39.62 Saudi riyals, with outstanding orders canceled, according to a Tuesday release. Saudi Arabia's Securities Depository Center, or Edaa, will deposit the additional shares into investors' portfolios by Thursday.