Acwa shareholders authorize board to complete repurchase within 18 months from EGM date
ACWA Power Co.’s (Acwa) shareholders approved the buyback of 1.19 million shares maximum to allocate to the employee stock incentive program, during the extraordinary general meeting (EGM) held on Feb. 23, according to a statement to Tadawul. 
The share repurchase will be financed through the company’s own resources and the board will be authorized to finalize the relevant procedures, the statement added.
Acwa shareholders authorize board to complete repurchase within 18 months from EGM date
ACWA Power Co.’s (Acwa) shareholders approved the buyback of 1.19 million shares maximum to allocate to the employee stock incentive program, during the extraordinary general meeting (EGM) held on Feb. 23, according to a statement to Tadawul.
The share repurchase will be financed through the company’s own resources and the board will be authorized to finalize the relevant procedures, the statement added.
