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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

JAHEZ 6017 -20.24% 22.35 -5.67
Element List Explanation
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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