Savola completes the purchase of shares worth 70 million riyals as part of the employee incentive program

She declared "Savola Group"Today, Thursday, it purchased the entire targeted amount of its shares for the purpose of keeping them as treasury shares within the framework of the long-term employee incentive program, in accordance with the approved standards and conditions for the program.

According to a statement on "Saudi Arabia trading"The number of shares purchased reached 2.6 million shares, worth 70 million riyals, with an average price per share of 26.87 riyals.

This step comes within the group’s efforts to attract distinguished talents and cadres, retain them, and motivate them for further performance, which contributes to supporting the achievement of the strategic objectives of the Savola Group.

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