BinDawood Assembly Approves 1 Million Shares Purchase
The Extraordinary General Assembly of BinDawood Holding Company approved delegating the Board of Directors to distribute interim profits for the year 2026, and approved a stock buyback program for employees amounting to up to one million shares, to be financed from internal resources over 18 months, with the possibility of holding the shares for up to 10 years. It was also emphasized to update the company's bylaws and reorganize its articles, and it was confirmed that the company's dealings with related parties have been conducted in accordance with prevailing commercial terms and without any preferential privileges.
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