Addendum announcement from the Saudi Advanced Industries Company regarding the company’s intention to purchase its shares
- Date : 2022-07-17
| ELEMENT LIST | EXPLANATION |
|---|---|
| Introduction | Further to the announcement of the Saudi Advanced Industries Company on the Saudi Stock Exchange (Tadawul) website on Wednesday, June 29, 2022 AD about the company’s intention to purchase its shares and keep them as treasury shares.
The Saudi Advanced Industries Company (SAIC) would like to announce to its valued shareholders the purpose of the company to purchase its shares and keep them as treasury shares, if the board of directors or its authorized representative finds that the share price in the market is less than its fair value. |
| Date of Posting the Previous Announcement of Development on Tadawul’s Website | 2022-06-29 Corresponding to 1443-11-30 |
| URL of the Previous Announcement | Click Here |
| Change on the Development | If the board of directors or its authorized representative finds that the share price in the market is less than its fair value. |
| Financial Impact on the change | There is no |
| Additional Information | There is no |