Saudi AZM to Vote on 1.2M Treasury Shares Purchase

+1.76%

AZM

7211.SA

23.74

+1.76%

Saudi AZM for Communication and Information Technology Co. announced on October 16, 2025, that its Board invites shareholders to attend an Extraordinary General Assembly Meeting on November 6, 2025, at 6:30 PM via the Tadawulaty Platform. The agenda includes reviewing financial statements for the fiscal year ended June 30, 2025, voting on business dealings with related parties totaling approximately 136 million SAR, approving board remuneration of 300,000 SAR, and authorizing the purchase of up to 1,200,000 treasury shares for the Employee Stock Program. Remote voting will be available from November 3, 2025.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=90759&anCat=1&cs=7211&locale=ar

Attached PDF document link:

https://www.saudiexchange.sa/Resources/fsPdf/26393_7787_2025-10-16_15-53-01_en.pdf https://www.saudiexchange.sa/Resources/fsPdf/26393_7787_2025-10-16_15-50-34_en.pdf https://www.saudiexchange.sa/Resources/fsPdf/26393_7787_2025-10-16_15-48-15_en.pdf https://www.saudiexchange.sa/Resources/fsPdf/26393_7787_2025-10-16_15-38-09_en.pdf

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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