Najran Cement completes 4.25M share buyback in Q1 2025
Najran Cement repurchased 4.25 million shares, or 2.50% of the company's outstanding shares, at SAR 35.855 million, or SAR 8.44 each.
The company's board of directors recommended, on Sept. 25, buying back up to a maximum of 17 million treasury shares, Argaam reported. The buyback will be financed from the company's own resources using cash reserves or credit facilities.
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