Tadawul Group to self-finance the repurchase
Saudi Tadawul Group Holding Co.board of directors recommended on May 5 the buyback of 1.22 million ordinary shares maximum, to allocate to the employee stock incentive program.
Shares will be retained as treasury shares, the company said in a statement to Tadawul. The repurchase will be financed from the company’s internal resources.
The repurchase process will be completed within a maximum period of 18 months from the date of the extraordinary general meeting (EGM).
Tadawul Group to self-finance the repurchase
Saudi Tadawul Group Holding Co.board of directors recommended on May 5 the buyback of 1.22 million ordinary shares maximum, to allocate to the employee stock incentive program.
Shares will be retained as treasury shares, the company said in a statement to Tadawul. The repurchase will be financed from the company’s internal resources.
The repurchase process will be completed within a maximum period of 18 months from the date of the extraordinary general meeting (EGM).

