Jahez finalizes 1st phase of share buyback at SAR 16.9M

04:52 PM (Mecca time) Argaam
Jahez International Company for Information System Technology repurchased 1 million shares for SAR 16.92 million

Jahez International Company for Information System Technology repurchased 1 million shares for SAR 16.92 million

Jahez International Company for Information System Technology (Jahez) announced the completion of the first phase of the share buyback process during Q4 2025.

 

In a statement to Tadawul, the company said that a total of one million shares were repurchased, representing 0.48% of capital, at a value of SAR 16.92 million.

 

Average purchase price reached SAR 16.91 per share.

 

According to data available with Argaam, Jahez shareholders approved in September the buyback of up to 7.63 million treasury shares to be allocated to its employee stock incentive program (ESIP)

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