Al Rajhi Company for Cooperative Insurance (Takaful Al Rajhi) announces the results of its share buyback (Completion of the share repurchase process)
| Element List | Explanation |
|---|---|
| Announcement Detail | Al Rajhi Company for Cooperative Insurance (Takaful Al Rajhi) announces the completion of purchasing a number of its shares allocated for the Employee Stock Incentive Plan, based on the approval of the Extraordinary General Assembly held on 07 Dhul-Hijjah 1446H corresponding to 03 June 2025, the results of which were published on 08 Dhul-Hijjah 1446H corresponding to 04 June 2025.
Purchase Period: Within a maximum period of eighteen (18) months from the date of the Extraordinary General Assembly’s approval.
Number of Shares Purchased: 300,000 shares.
Total Value of Purchased Shares: SAR 35,700,650.43 (based on the average purchase price).
Average Purchase Price per Share: SAR 119.00 |
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