12:26 AM EST, 11/12/2026 (MT Newswires) -- Saudi Arabian Refineries Co. (SASE:2030), d/b/a Sarco, intends to launch a rights issue of shares worth 300 million Saudi riyals. The Tadawul-listed petroleum refining company said Thursday it expects the rights issue to boost its capital to 450 million Saudi riyals from 150 million riyals, subject to the Saudi Capital Market Authority's approval.

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