Logo of Edarat Communication and Information Technology Co.
Edarat Communication and Information Technology Co. shareholders approved on Sept. 17 the company’s purchase of up to 15,000 of its shares, representing 0.2% of total shares, to be allocated to its employee share program.
In a statement to Tadawul, the company said the share purchase will be financed through its own financial resources. The approval also included authorizing the board of directors to complete the purchase within a maximum period of 18 months from the extraordinary general meeting (EGM) approval date.
Logo of Edarat Communication and Information Technology Co.
Edarat Communication and Information Technology Co. shareholders approved on Sept. 17 the company’s purchase of up to 15,000 of its shares, representing 0.2% of total shares, to be allocated to its employee share program.
In a statement to Tadawul, the company said the share purchase will be financed through its own financial resources. The approval also included authorizing the board of directors to complete the purchase within a maximum period of 18 months from the extraordinary general meeting (EGM) approval date.
