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Saudi Paper Manufacturing Co. Announce the Result of Purchase for it’s Shares ( One Tranche )

2300
SPM
-0.16 %
1445/05/13     27/11/2023 16:02:02

Element ListExplanation
Introduction Saudi Paper Manufacturing (SPM) announces the completion of purchasing its shares allocated to as treasury shares, This is based on the approval of the EGM held on 01/29/2023, corresponding to 07/07/1444 AH, the results of which were published on the Tadawul website on 01/30/2023 , corresponding to 07/08/1444 AH.

Accordingly, the company confirms that it has completed the entire process of purchasing the required shares, and that no additional shares will be purchased during the specified purchase period referred to below.

Date of Posting the Approval of the General Assembly on the Purchase on Tadawul's Website 2023-01-30 Corresponding to 1444-07-08
Purchase Period Within a maximum period of twelve (12) months from the EGM approval
Number of the Purchased Shares 105262
Value of the Purchased Shares 3,882,987.34 SR
Average Purchase Price Per Share 36.89

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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Key Parameters
Last Price 63.45
Net Change -0.1 (-0.16%)
Value Traded (Sar) 1,063,935.35
Volume Traded 16,751
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