Ratal shareholders approve stock buyback
Retal Urban Development Company approved during its extraordinary general assembly meeting the purchase of up to two million shares under the employee stock program, to be financed through the company's own resources. The purchase process will take place over 12 months, and the company will hold the acquired shares for a maximum of three years before allocating them to eligible employees. The meeting also approved a phased dividend distribution for 2024 and reviewed the 2023 auditor’s report.
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