Seera Group announces launch of new strategy

Logo of Seera Group Holding

Seera Group Holding's board of directors announced the launch of the group’s strategy, which aims to achieve sustainable, long-term returns for its shareholders by preparing the group’s segments for value-unlocking initiatives, new strategic investments, and boosting free cash flow per share.

Seera Group seeks to achieve its vision to consolidate its position as a strategic investor in future national trends, by building a balanced portfolio of leading national companies that achieve sustainable returns for shareholders, the company said, in a statement to Tadawul.

It indicated that the group's new strategy is based on three main pillars:

1) Acting as an effective investor who leads subsidiaries with strong influence and deep experience.

2) Building and maintaining an attractive and unique investment portfolio that provides sustainable, long-term returns to shareholders.

3) Adopting long-term capital allocation strategies to continuously strengthen the group’s core value.

The board of directors will continue to guide the group on its journey to reshape segments, support the economy, and build a legacy of leading companies, guided by the group’s goal of creating lasting value for the portfolio and achieving attractive and sustainable cash flows for shareholders, the company said.

It added that any fundamental developments and updates regarding the group’s strategy will be disclosed in a timely manner, in accordance with the relevant regulations.

For details of Seera Group's new strategy, see the attachment below: