Riyadh – Mubasher: Bupa Arabia for Cooperative Insurance Company announced that its Extraordinary General Assembly Meeting (EGM) on Tuesday approved the company’s purchase of long-term incentive plan (LTIP) shares.

The company will buy shares worth SAR 15 million, with a maximum number of 210,000 shares, according to the company’s statement to the Saudi Stock Exchange (Tadawul) on Wednesday.

The allocation will be done within a maximum period of three months from the date of the meeting.

The decision comes in order to fulfil the current LTIP Cycle’s required shares purchase.