The Capital Market Authority announces the issuance of a CMA Board resolution to impose a fine of (10,000) Ten Thousand Saudi Riyals on the Saudi Investment Bank, duo to its violation of paragraph (9) of Article (12) of the Regulatory Rules and Procedures issued pursuant to the Companies Law relating to Listed Joint Stock Companies. Where the Bank has bought-back on 27/09/2018 number of (56,245,350) shares during the prohibition period, for the interim financial period ended on 30/09/2018, which began on 16/09/2018 and ended with the announcement of the Bank of its interim financial results on 23/10/2018.
