Logo ofJahez International Company for Information System Technology (Jahez)
Jahez International Company for Information System Technology’s (Jahez) board of directors recommended allocating the shares intended for repurchase to be held as treasury shares for the company’s employee stock program. 
In a statement to Tadawul, the company confirmed that the event has no financial impact.
In May, Jahez’s board of directors recommended the repurchase of a maximum of 7.63 million treasury shares, representing 3.64% of the company’s total shares.
The company said the shares will be allocated in swap transactions for stake or asset acquisitions, the company’s employee stock program, or for sale, in accordance with the regulations of the CMA, and other relevant laws.
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Logo ofJahez International Company for Information System Technology (Jahez)
Jahez International Company for Information System Technology’s (Jahez) board of directors recommended allocating the shares intended for repurchase to be held as treasury shares for the company’s employee stock program.
In a statement to Tadawul, the company confirmed that the event has no financial impact.
In May, Jahez’s board of directors recommended the repurchase of a maximum of 7.63 million treasury shares, representing 3.64% of the company’s total shares.
The company said the shares will be allocated in swap transactions for stake or asset acquisitions, the company’s employee stock program, or for sale, in accordance with the regulations of the CMA, and other relevant laws.
