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Saira shareholders approve capital cut

Saira shareholders approve capital cut

Sava Holding Group announced its approval to reduce its capital from 3 billion riyals to 2.74 billion riyals by canceling 25.951 million treasury shares, with the aim of increasing capital beyond its needs. The reduction includes the cancellation of 2.034 million shares allocated to the employee share program. The process will commence after approval from the extraordinary general assembly, without any impact on the company's obligations.

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