09:56 AM EDT, 08/31/2026 (MT Newswires) -- Saudi Arabia's Capital Market Authority approved Saudi Printing and Packaging Co's (SASE:4270), or SPPC's, proposed capital reduction, according to a Monday notice. The paper and plastics manufacturer plans to reduce its capital to 6,897,434 shares worth 69 million Saudi riyals from 65,207,064 shares valued at 652.1 million riyals. The regulator's authorization is still subject to approval at the group's extraordinary general assembly and fulfillment of the necessary regulatory procedures.

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