Saudi Paper Manufacturing Co. Announce the Result of Purchase for it’s Shares ( One Tranche )
| Element List | Explanation |
|---|---|
| Introduction | Saudi Paper Manufacturing (SPM) announces the completion of purchasing its shares allocated to as treasury shares, This is based on the approval of the EGM held on 01/29/2023, corresponding to 07/07/1444 AH, the results of which were published on the Tadawul website on 01/30/2023 , corresponding to 07/08/1444 AH.
Accordingly, the company confirms that it has completed the entire process of purchasing the required shares, and that no additional shares will be purchased during the specified purchase period referred to below. |
| Date of Posting the Approval of the General Assembly on the Purchase on Tadawul's Website | 2023-01-30 Corresponding to 1444-07-08 |
| Purchase Period | Within a maximum period of twelve (12) months from the EGM approval |
| Number of the Purchased Shares | 105262 |
| Value of the Purchased Shares | 3,882,987.34 SR |
| Average Purchase Price Per Share | 36.89 |
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