‎SIIG plans 11M share buyback

‎SIIG plans 11M share buyback ‎SIIG plans 11M share buyback

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A SIIG factory

Saudi Industrial Investment Group’s (SIIG) board recommended on March 19 repurchasing 11 million ordinary shares maximum.
The company will retain 10 million treasury shares as the board believes that the stock price is less than the fair value, SIIG said in a statement to Tadawul.

 

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A SIIG factory

Saudi Industrial Investment Group’s (SIIG) board recommended on March 19 repurchasing 11 million ordinary shares maximum.
The company will retain 10 million treasury shares as the board believes that the stock price is less than the fair value, SIIG said in a statement to Tadawul.
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