BinDawood completes purchase of 1 million shares for employee incentive plan

BinDawood Holding has announced the completion of its share buyback for the long-term employee incentive plan, following approval from the extraordinary general assembly held on June 17, 2026.

In a statement published on the Tadawul platform, the company said the buyback was carried out over an 18-month period from the date of the assembly's decision.

The transaction involved the purchase of 1 million shares, representing 0.0875% of the company's total shares, at a total value of 4.58 million riyals (SAR), based on an average purchase price of 4.5802 riyals per share.

The incentive program aims to strengthen employee commitment and motivate them to achieve the company's strategic objectives.