| Element List | Explanation |
|---|---|
| Announcement Detail | BinDawood Holding Company announces the completion of purchasing its shares allocated to Employees’ Stock Long-Term Incentive Program on 29/05/2024 Corresponding to 21/11/1445 in accordance with the approval of the Extraordinary General Assembly meeting held on 31/03/2024 Corresponding to 21/09/1445. |
Purchase Period: within a maximum period of Twelve (12) months from the Extraordinary General Assembly approval.
Number of Purchased Shares : 2,000,000 shares (representing 0.175 % of the Company’s total shares)
Value of the Purchased Shares: 14,985,400 Saudi Riyals (based on the average purchase price)
Average Purchase Price Per Share: 7.49 Saudi Riyals
This comes as part of the Company’s efforts to attract and retain key talents and to motivate them to further strengthen their performance to achieve the Company’s strategic vision.
For any further information or questions, kindly contact the Investors Relations Department of BinDawood Holding Company at: investors@bindawood.com
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.