Dallah buys back 3.74 mln shares worth SAR 190 mln

Dallah Healthcare Co. repurchased 3.74 million of its own shares at an average price of SAR 50.87 each, totaling SAR 190.26 million, the insurer said in a statement to Tadawul on Monday.

The buyback process was completed in one phase during the period between March 4 and May 27, 2019, it added.

In February, the healthcare service provider’s board of directors approved the repurchase of 3.75 million shares - to be retained as treasury shares, Argaam reported.