Arabian Cement Cancels Previously Recommended Share Buyback Program

ACC

3010.SA

0.00

On June 7, 2026, Arabian Cement Company announced that its Board of Directors resolved on June 4, 2026 to cancel the previous recommendation to buy-back company shares. The original share buyback recommendation was announced on April 28, 2025, and was intended to retain shares as treasury shares under a long-term employee incentive program. The company stated that the need for such share purchases no longer exists, prompting the cancellation of the buyback plan.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95870&anCat=1&cs=3010&locale=ar

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.

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