| Element List | Explanation |
|---|---|
| Announcement Detail | Riyad Bank Announces the completion of purchasing a number of its shares in order to allocate the shares for the bank’s employees within Employees Share incentive plan, based on the Extraordinary General Assembly’s approval in its meeting held on 13-04-2025 Corresponding to 15-10-1446 and its published results in Tadawul website on 14-04-2025 Corresponding to 16-10-1446. |
Date of Posting the Approval of the General Assembly on the Purchase on Tadawul's Website: 14-04-2025 Corresponding to 16-10-1446.
Purchase Period: Within a maximum period of eighteen months (18) from the date of the EGM’s resolution.
Number of the Purchased Shares: 7,500,000
Value of the Purchased Shares: SAR 206,628,028
Average Purchase Price Per Share: SAR 27.55
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.