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Al-Andalus Sports shareholders approve share buyout
Shareholders of Al-Andalus Sports Company approved the purchase of up to 1.45 million shares for the employee stock program, aiming to enhance employee incentives and allocate shares to staff. The decision was approved with approximately 97.17% support and will be funded from the company's own resources. The purchase period is set for 12 months, with a maximum holding period of no more than 4 years for the shares. Additionally, shareholders approved the program's terms and the allocation of shares in accordance with its criteria.
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