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Sumou Real Estate Plans 1M Share Buyback

Riyadh, Saudi Arabia — Sumou Real Estate Company’s board of directors recommended on October 22, 2026, that the company buy back up to 1,000,000 of its own ordinary shares to hold as treasury shares.

  • Sumou Real Estate board recommends 1M share buyback on Oct 22, 2026
  • Buyback funded by company's cash reserves, no additional debt
  • Proposal covers only common shares, needs AGM approval

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