Al-Bareeq Holding Company announced, during its postponed Extraordinary General Assembly on August 28, 2025, an increase in capital to KWD 46.4 million through a 2% bonus share distribution.
The capital increase of KWD 909,584 will be funded as follows:
• KWD 40,078 from the voluntary reserve
• KWD 869,506 from retained earnings
• Bonus shares will be distributed at a ratio of 2 shares for every 100 shares held to shareholders registered in the company’s records as of the date of the General Assembly. The Board of Directors was authorized to manage fractional shares resulting from the bonus distribution.
• This compares to a 4% bonus share distribution (4 shares per 100 shares) from the fully paid-up capital for the fiscal year ended in 2022.