Board of “Bam Sports” recommends the purchase of 3.3 million treasury shares
The Board of Directors recommended a company "Sports sports" The General Assembly purchased 3.3 million shares of the company’s regular shares, and a maximum of 6.3% of the exported shares and keeping them cup treasury. "Saudi Arabia trading"Today, Sunday, the council announced in its meeting on July 19 that the price of the stock in the market is lower than its fair value, and recommended the purchase of 3.3 million shares of the company’s regular shares, provided that the purchase process is funded through the company’s self -resources or bank facilities. The treasury is any profit distributions during the company’s retaining period. The fulfillment of the conditions of the financial solvency according to a report will be issued by the company’s account references and attached to the invitation of the extraordinary general assembly that will vote on this recommendation according to the system.
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