The group paid SAR 200.12 million for the repurchase deal, at an average repurchase price of SAR 18.19 per share
The Saudi Industrial Investment Group (SIIG) completed the repurchase of 11 million shares—10 million as treasury shares and 1 million for its long-term employee stock incentive program—approved by the company’s extraordinary general assembly (EGM) on May 21. 
According to a Tadawul statement, SIIG paid SAR 200.12 million for the buyback, at an average price of SAR 18.19 per share.
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The statement added that the approved repurchase period is up to 12 months from the EGM approval date.
The group paid SAR 200.12 million for the repurchase deal, at an average repurchase price of SAR 18.19 per share
The Saudi Industrial Investment Group (SIIG) completed the repurchase of 11 million shares—10 million as treasury shares and 1 million for its long-term employee stock incentive program—approved by the company’s extraordinary general assembly (EGM) on May 21.
According to a Tadawul statement, SIIG paid SAR 200.12 million for the buyback, at an average price of SAR 18.19 per share.
For more news on listed companies
The statement added that the approved repurchase period is up to 12 months from the EGM approval date.
