Enma Alrawabi Company announces the Board of Directors’ recommendation to initiate regulatory procedures for the company’s share repurchase.

Summary

The Board recommended starting the regulatory procedures for the company to buy back up to 500,000 of its ordinary shares as treasury shares (for the employee share programme or other permitted purposes), funded internally, subject to Extraordinary General Assembly approval.

A short summary written for this site from the official announcement. The official announcement prevails.