Ayyan Investment Plans Capital Reduction to Mitigate Accumulated Losses

01:34 AM EDT, 07/28/2026 (MT Newswires) -- Ayyan Investment Co. (SASE:2140) board recommended that shareholders approve a planned share capital reduction to offset accumulated losses. The real estate investor plans to reduce its total share capital by 24.72%, subject to regulatory clearances, according to a Tuesday filing. The company plans to cancel 19,876,730 shares for a total of 198.8 million Saudi riyals to offset the accumulated losses. Ayyan will also cancel 5 million additional shares for 50 million riyals, as it exceeds the company's needs.