Tawuniya shares hit highest close since debut

Logo of The Company for Cooperative Insurance (Tawuniya)

Shares of the Company for Cooperative Insurance (Tawuniya) hit their highest price since listing, at SAR 107 each, after rising 5%, today, March 27.

The stock recorded an intraday high of SAR 108, with a traded volume of nearly 1.14 million shares.

Tawuniya was established in 1986 and listed on Tadawul in March 2005.

The firm specializes in cooperative insurance business, including reinsurance and agencies. It provides a full range of insurance services, including those related to vehicles, fires, property and various accidents. In addition, it covers marine, medical, engineering, aviation and energy sectors.

Tawuniya’s Stock Performance
Annual High (SAR)	108.00	Today, March 27, 2023
Annual Low (SAR)	53.30	June 23, 2022
Historical High (SAR)	108.00	Today, March 27, 2023
Historical Low (SAR)	9.90	Nov. 24, 2008
Highest Trading Volume (mln shares)	29.72	June 1, 2005

Key Financial Indicators
Earnings Per Share (last 12 months) (SAR)	3.13
P/E (last 12 months) (x)	34.19
Book Value (SAR)	26.81
P/B Ratio (x)	3.99

The company increased its capital three times by distributing bonus shares, to reach SAR 1.25 billion. The following table details changes in the company’s capital according to the data available on Tadawul website:

Capital Amendments (SAR mln)
Date	Hike Method	Old Capital	New Capital	Change
2017	Bonus Shares	1000	1250	25%
2013	Bonus Shares	750	1000	33%
2011	Bonus Shares	500	750	50%

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