Alkhabeer Growth & Income completes 20% buyback, to cancel units in 10 days

31/08/2025 Argaam
Alkhabeer Capital repurchases nearly 6.1 million units for SAR 55.81 million

Alkhabeer Capital repurchases nearly 6.1 million units for SAR 55.81 million

Alkhabeer Capital, manager of Alkhabeer Growth and Income Traded Fund, said it has completed the fund’s unit repurchase program of up to 20% as of Aug. 28.

 

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In a statement to Tadawul, the company said it repurchased a total of 6.1 million units during the program period, valued at SAR 55.81 million, at an average price of SAR 9.15 per unit.

 

Alkhabeer Capital will work with Saudi Tadawul Group to complete the cancellation of all repurchased units within 10 business days of the announcement.

 

According to Argaam data, the fund’s board approved in August 2024 the repurchase of up to 20% of its outstanding units for cancellation.

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