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Riyadh – The Saudi Investment Bank (SAIB) has completed the sale of 74.99 million treasury shares, according to a bourse filing on Thursday.
The final results represented the entire treasury shares owned by SAIB.
Total proceeds from selling of the treasury shares amounted to SAR 1.03 billion.
Earlier this month, SAIB announced the sale of 9.75 million treasury shares in a rump offering for a value of SAR 15.56 per share.
Source: Mubasher
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