SIIG completes buyback of 11M shares for SAR 200.1M

04/09/2025 Argaam
The group paid SAR 200.12 million for the repurchase deal, at an average repurchase price of SAR 18.19 per share

The group paid SAR 200.12 million for the repurchase deal, at an average repurchase price of SAR 18.19 per share

The Saudi Industrial Investment Group (SIIG) completed the repurchase of 11 million shares—10 million as treasury shares and 1 million for its long-term employee stock incentive program—approved by the company’s extraordinary general assembly (EGM) on May 21.

 

According to a Tadawul statement, SIIG paid SAR 200.12 million for the buyback, at an average price of SAR 18.19 per share.

 

For more news on listed companies

 

The statement added that the approved repurchase period is up to 12 months from the EGM approval date.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.