‎SNB plans to buy back 16M ordinary shares for Key Employees Equity Program

‎SNB plans to buy back 16M ordinary shares for Key Employees Equity Program ‎SNB plans to buy back 16M ordinary shares for Key Employees Equity Program

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Logo ofThe Saudi National Bank (SNB)

The Saudi National Bank’s (SNB) board of directors recommended to repurchase 16 million of its ordinary shares to be retained as treasury shares and allocated to the Key Employees Equity Program, according to a statement to Tadawul.
The share buyback will be financed from the bank’s own resources.
SNB’s treasury shares currently account for 0.92% of total shares purchased.

 

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Logo ofThe Saudi National Bank (SNB)

The Saudi National Bank’s (SNB) board of directors recommended to repurchase 16 million of its ordinary shares to be retained as treasury shares and allocated to the Key Employees Equity Program, according to a statement to Tadawul.
The share buyback will be financed from the bank’s own resources.
SNB’s treasury shares currently account for 0.92% of total shares purchased.
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