BinDawood Completes 1M Share Buyback for Employee Incentive Program

BINDAWOOD

BINDAWOOD

4161.SA

0.00

On August 23, 2026, BinDawood Holding Company announced the completion of its share buyback program allocated to the Employees' Stock Long-Term Incentive Program, executed on August 20, 2026, in accordance with the approval granted at the Extraordinary General Assembly meeting held on June 17, 2026. A total of 1,000,000 shares, representing 0.0875% of the company's total shares, were purchased at an average price of 4.5802 SAR per share, amounting to a total value of 4,580,198 SAR. The buyback was conducted within an 18-month period from the date of the Extraordinary General Assembly's resolution. This initiative aims to support the recruitment and retention of top talent, encourage outstanding performance, and advance the company's strategic growth objectives.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97743&anCat=1&cs=4161&locale=ar

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