‎BinDawood completes SAR 4.6M share buyback for employee incentive plan

‎BinDawood completes SAR 4.6M share buyback for employee incentive plan ‎BinDawood completes SAR 4.6M share buyback for employee incentive plan

​‎

Logo of BinDawood Holding Co.

BinDawood Holding Co. completed the repurchase of 1 million ordinary shares allocated for the employee long-term incentive plan (LTIP) on Aug. 20, 2026, according to a statement to Tadawul.

Advertisement

The company’s shareholders approved the buyback during the extraordinary general meeting (EGM) held on June 17, 2026, with the purchase financed through the company’s own resources, data available to Argaam showed.

The repurchased shares represent 0.0875% of the company’s shares and were acquired for a total of SAR 4.58 million, at an average price of SAR 4.5802 per share.

The EGM also authorized the company to complete the repurchase within 18 months of the resolution date, with the shares to be held for no more than 10 years from the EGM date.

 

Logo of BinDawood Holding Co.

BinDawood Holding Co. completed the repurchase of 1 million ordinary shares allocated for the employee long-term incentive plan (LTIP) on Aug. 20, 2026, according to a statement to Tadawul.

The company’s shareholders approved the buyback during the extraordinary general meeting (EGM) held on June 17, 2026, with the purchase financed through the company’s own resources, data available to Argaam showed.

The repurchased shares represent 0.0875% of the company’s shares and were acquired for a total of SAR 4.58 million, at an average price of SAR 4.5802 per share.

The EGM also authorized the company to complete the repurchase within 18 months of the resolution date, with the shares to be held for no more than 10 years from the EGM date.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with our Weekly Newsletter

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Advertisement