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BinDawood Holding Co. has finalized the repurchase of 1 million ordinary shares dedicated to its long-term employee incentive plan. The transaction was valued at approximately SAR 4.58 million, execution occurring at an average price of SAR 4.5802 per share. The repurchased equity accounts for nearly 0.0875% of the company's total outstanding shares and was fully funded using the group's internal financial resources.
This execution follows the explicit authorization granted by the company's shareholders during the Extraordinary General Meeting held in mid-June 2026. The approval permits BinDawood to hold these treasury shares for up to ten years to satisfy its internal incentive commitments. Corporate share buybacks for employee ownership plans generally signal internal corporate stability and align executive and employee performance directly with overall shareholder value over the long run.
While the transaction represents a minor percentage of total capitalization, such corporate actions demonstrate strong liquidity management and internal cash flow health. Market participants in Tadawul typically view self-funded buybacks positively, as they prevent share dilution while fostering staff retention. Investors will continue to monitor BinDawood's upcoming operational results and operational expansion strategies across the Saudi retail sector.
