14 Hrs
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مباشر
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Azm approves 3.6m shares
Shareholders of Azm Saudi Telecom and Information Technology Company approved the purchase of up to 3.6 million of the company’s shares for its employee share program. The purchase will be funded from the company’s own resources through the Saudi Exchange. They authorized the Board of Directors to complete the purchase within 18 months and to hold the shares for no more than five years before allocating them to eligible employees. The General Assembly also approved increasing the number of Board members from five to six and elected Abdulrahman bin Ibrahim Al-Hadlaq as an independent member. The meeting was attended by shareholders representing 61.21% of the company’s shares.
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