Tawuniya repurchases 147,400 shares for SAR 17.1M

30/05/2024 Argaam
Logo ofThe Company for Cooperative Insurance (Tawuniya)

Logo of The Company for Cooperative Insurance (Tawuniya) 

The Company for Cooperative Insurance (Tawuniya) announced the completion of the repurchase of shares allocated for the employee long-term stock incentive plan.

 

In a statement to Tadawul, the company pointed out that the repurchase was limited within a maximum period of 12 months, as of the date of approval by the extraordinary general assembly on Aug. 28.

 

Details of Share Buyback

No. of Repurchased Shares

120,260

Value of Repurchased Shares

SAR17.07

Average price per share

SAR141.73

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