1303 · 29/11/2020 08:00:16 · Announcement #61214 · View on Saudi Exchange

Electrical Industries Co. Announce the Result of Purchase for it’s Shares ( the final phase )

Element ListExplanation
Introduction EIC announces to its shareholders that on 26 / 11/ 2020, it has completed the purchase of its own shares to be allocated to Incentives shares program as per the approval of the Extraordinary general assembly meeting held on 4th May 2020, and which results posted in Tadawul on 5th May 2020
Date of Posting the Approval of the General Assembly on the Purchase on Tadawul's Website 2020-05-05 Corresponding to 1441-09-12
Purchase Period one year
Number of the Purchased Shares 312867
Value of the Purchased Shares 7164577
Average Purchase Price Per Share 22.90
Additional Information As result of the above shares purchase, EIC currently retains (500.000 ) shares for Incentives shares program

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