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Tawuniya Concludes Share Repurchase Program

MT Newswires·08/16/2026 02:16:40
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02:16 AM EDT, 08/16/2026 (MT Newswires) -- The Co. for Cooperative Insurance (SASE:8010), d/b/a Tawuniya, said Sunday that it finalized its 18-month share buyback program. The insurer repurchased 212,143 shares that were allocated to its employee stock incentive plan for 29.6 million Saudi riyals, with shares bought back at an average price of 139.35 riyals apiece.