Tawazun Holding Company held its Extraordinary General Assembly on Monday, June 16, 2025, and approved the Board of Directors’ recommendation to reduce the company's authorization, issued, and fully paid-up capital from KWD 58,132,688 to KWD 54,932,688, a reduction of KWD 3,200,000.

The reduction is due to excess capital and will be distributed to shareholders registered in the company’s records as of the date of the General Assembly, each in proportion with their ownership.

The Assembly also approved amendments to Article (6) of the Articles of incorporation and Article (5) of the Articles of Association to reflect the new capital structure, which now reads:

“The company’s authorized, issued, and fully paid-up capital is set at KWD 54,932,688 (Fifty-four million, nine hundred thirty-two thousand, six hundred eighty-eight Kuwaiti Dinars), divided into 549,326,880 shares (Five hundred forty-nine million, three hundred twenty-six thousand, eight hundred eighty shares), with a nominal value of 100 Fils per share, and all shares are in cash.”