Bank Albilad Announce the Result of Purchase for it’s Shares (Multiple phases)
| Element List | Explanation |
|---|---|
| Announcement Detail | Bank Albilad Announces the completion of its shares buy-back on 13/03/2024 in order to allocate the shares for the bank’s employees within Employees Shares Program, based on the Extraordinary General Assembly’s approval in its meeting held on 01/05/2023, corresponding to 11/10/1444 H.
Purchase Period: Within a maximum period of twelve (12) months from the date of the EGM’s resolution.
Number of the Purchased Shares: 5,000,000 Value of the Purchased Shares: 210,687,029.48 SAR Average Purchase Price Per Share: 42.14 SAR |
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