Saudi Awwal Bank Completes SAR 196M Share Buyback
SAB 1060.SA | 0.00 |
On June 8, 2026, The Saudi Awwal Bank announced the completion of purchasing 5,743,651 of its own shares valued at 196,430,552.03 SAR at an average price of 34.1996 SAR per share. The share buyback was conducted to allocate the shares within the Company's Employees Stock Incentive Shares Plan, following approval from the Extraordinary General Assembly meeting held on April 21, 2026. The purchase was completed within the approved twelve-month period from the date of the assembly's resolution.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95940&anCat=1&cs=1060&locale=arImportant 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.
