Saudi Tadawul Approves 1.22M Share Buyback Plan

TADAWUL GROUP

TADAWUL GROUP

1111.SA

0.00

Saudi Tadawul Group Holding Co. announced on July 1, 2026 the results of its Extraordinary General Assembly Meeting held on June 30, 2026, with 76.39% shareholder attendance. The meeting approved an Employee Shares Plan and authorized the Board to determine plan terms including share allocation pricing. Shareholders also approved a share buyback program of up to 1,220,000 ordinary shares to be financed from internal resources and allocated to the Employee Stock Incentive Plan, with the Board authorized to complete the buyback within 18 months and hold purchased shares for up to 6 years until employee allocation.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96530&anCat=1&cs=1111&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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