Bupa Arabia finalizes shares purchase for Employee Incentive Scheme

Bupa Arabia for Cooperative Insurance announced the completion of the purchase of its shares for the Employees' Incentive Scheme for the current year.

The company said in a bourse statement that 142,526 shares were purchased amounting to a total of SAR 15 million, with SAR 105.24 average price per share.

Following the purchase, Bupa Arabia now holds 668,147 shares for its Employee Incentive Scheme, the statement said.

These share purchases have no material financial impact on the financial results, the company noted.