| Element List |
Explanation |
| Introduction |
Al Moammar Information Systems Company (MIS) announces its intention to purchase several of its shares with the aim of keeping them as treasury shares. |
| Board Approval's Date |
2023-10-11 Corresponding to 1445-03-26 |
| Purpose of Purchase |
retain as treasury share, |
| Purpose of Purchase (If the Purpose to Keep the Shares as Treasury Shares) |
The purpose of the purchase is to hold the shares as treasury shares. |
| Number of Shares to be Bought |
300000 |
| Shares Class and type |
Ordinary shares |
| Method of Financing the Purchasing Process |
Company's own resources |
| Current Percentage of the Treasury Shares at the Company out of the Total Class of Shares Purchased |
0 |
| Approvals and Meeting the Conditions of Financial Appropriateness |
Extraordinary General Assembly Consent must be Obtained for the Purchase, also Conditions of Financial Appropriateness as provided in Paragraph Three of Article Seven of The executive regulations of the corporate law for listed companies shall be Met |
| Voting Right |
Purchased Shares Shall not Have Voting Rights in the General Assembly’s Meetings |
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