Logo of Scientific Medical Equipment House Co.
Scientific Medical Equipment House Co. shareholders will vote on the buyback of a maximum of 3 million shares, to be retained as treasury shares, during an extraordinary general meeting (EGM) on Nov. 11, 2026. 
In a statement to Tadawul, the company explained that the board of directors believes the stock is trading below its fair value. The share buyback will be financed from the company’s own resources, with the board authorized to complete the purchase in one or several tranches within a maximum period of 18 months from the EGM’s resolution date.
The company added that it will retain the repurchased shares for a maximum period of 10 years from the date of EGM approval. Upon expiry of this period, the company will follow the procedures and requirements stipulated in the relevant laws and regulations.
Logo of Scientific Medical Equipment House Co.
Scientific Medical Equipment House Co. shareholders will vote on the buyback of a maximum of 3 million shares, to be retained as treasury shares, during an extraordinary general meeting (EGM) on Nov. 11, 2026.
In a statement to Tadawul, the company explained that the board of directors believes the stock is trading below its fair value. The share buyback will be financed from the company’s own resources, with the board authorized to complete the purchase in one or several tranches within a maximum period of 18 months from the EGM’s resolution date.
The company added that it will retain the repurchased shares for a maximum period of 10 years from the date of EGM approval. Upon expiry of this period, the company will follow the procedures and requirements stipulated in the relevant laws and regulations.
