Addendum Announcement from Jahez International Company for Information System Technology (Jahez) regarding the Board of Directors’ recommendation to initiate regulatory procedures for the purchase of the company’s shares
Element List | Explanation |
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Introduction | Jahez International Company for Information System Technology (Jahez) have previously announced the Board of Directors' recommendation to buy-back its Shares.
The company announces the Board of Directors' recommendation to allocating the shares subject to purchase amounting a maximum of seven million, six hundred and thirty three thousand (7,633,000) shares, representing a maximum of 3.64% of its total shares, for the purpose of holding them as treasury shares, to the company's employees under the employee stock program. |
Date of Posting the Previous Announcement of Development on Saudi Exchange’s Website | 2025-05-18 Corresponding to 1446-11-20 |
Hyperlink to the Previous Announcement | Click Here |
Change on the Development | None |
Financial Impact on the change | None |
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