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Al-Tawuniya Acquires Shares for Employee Incentives
The Twafoil Cooperative Insurance Company announced the completion of the purchase of 212,143 shares for the employee incentive program, with a total value of 29.56 million SAR, at an average price of 139.35 SAR per share. The purchase was executed before the maximum period of 18 months following the approval of the extraordinary General Assembly in June 2026. The program aims to enhance employee motivation and loyalty, and to align their interests with the company's long-term performance.
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