“Fakih Medical” recommends buying a million shares and keeping them.

Dr. Sulaiman Abdel -Qader Fakih Hospital Company (“Fakih Health Care Group”, “Group”, “Fakih Health Care” (Fakih Medical) for the extraordinary general assembly approved the purchase of a number of the company’s shares and a maximum of 1.038 million shares.
The company said in a statement on Saudi Arabia’s circulation: The purchase of shares is for the purpose of keeping them.
Purchase shares will be used in shares exchanges to acquire shares, shares in another company, or buy assets.
She added that financing the purchase process is one of the company’s self -resources, noting that the percentage of treasury shares for the company is currently in the total shares of the purchase: the company currently retains 0.0.86 % (2 million shares) of its regular shares as a treasury.