‎SADAFCO board recommends 2.75 mln share buyback

‎SADAFCO board recommends 2.75 mln share buyback

Logo ofSaudia Dairy and Foodstuff Co. (SADAFCO)

The board of directors of Saudia Dairy and Foodstuff Co. (SADAFCO) recommended today, Oct. 17, the buyback of 8.46% of its shares, or up to 2.75 million shares, over the next 12 months from the date of the next extraordinary general meeting’s (EGM) approval.