Saudi AZM's Board Proposes Share Buyback

04:07 AM EDT, 08/02/2026 (MT Newswires) -- The board of Saudi AZM for Communication and Information Technology (SASE:7211) proposed to buy back up to 3.6 million shares, subject to shareholder approval and other requirements. The Saudi Arabia-based IT company said Sunday that the repurchased shares will be kept as treasury shares, which will be used for its employee share program.