Al-Marsad newspaper: The market value of the ownership of 5 chairmen of boards of directors of companies listed on the Saudi stock market increased by 15.1 percent (10.2 billion riyals) during the first quarter of this year, to reach 77.8 billion riyals, compared to 67.6 billion riyals by the end of 2022.
The arrangement of the five board chairmen according to the highest ownership by value is as follows:
First: Suleiman Abdulaziz Suleiman Al Habib, Chairman of the Board of Directors of Sulaiman Al Habib Group, whose ownership amounted to 40.8 billion riyals at the end of the first quarter, compared to 30.9 billion riyals at the end of 2022, with a gain of 32.1 percent (9.9 billion riyals), in exchange for his share of 40.03 percent of the company (140.1 million shares). ).
Second: Prince Al-Waleed Talal Abdulaziz Al Saud, Chairman of the Board of Directors of the Kingdom Holding Company, whose ownership amounted to 22.7 billion riyals at the end of the first quarter, compared to 22.4 billion riyals at the end of 2022, with a market gain of 1.2 percent (261 million riyals), for his share of 78.13 percent in the company. (2895.6 million shares), according to a report by Al-Eqtisadiah newspaper.
Third: Abdullah Suleiman Abdulaziz Al-Rajhi, Chairman of the Board of Directors of Al-Rajhi Bank, with an ownership value of 6.41 billion riyals at the end of the first quarter, compared to 6.56 billion riyals at the end of 2022, with a market loss of 2.3 percent (148 million riyals), for his stake of 2.18 percent in the bank. (87.2 million shares).
Fourth: Muhammad Sultan Hammad Al-Subaie, Chairman of the Board of Directors of Al-Mouwasat Company, in terms of ownership value, after it amounted to 4.11 billion riyals at the end of the first quarter, compared to 3.66 billion riyals at the end of 2022, with a market gain of 12.4 percent (455 million riyals), for his share of 17.5 percent of the company (17.5 million shares).
Fifth: Muhammad Abdullah Rashid Abunayyan, Chairman of the Board of Directors of ACWA Power Company, with an ownership value of 3.75 billion riyals at the end of the first quarter, compared to 4.05 billion riyals at the end of 2022, with a market loss of 7.5 percent (304 million riyals), for his share of 3.65 percent of the company ( 26.65 million shares).