BinDawood Holding Company (SASE:4161) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 of its ordinary shares, representing 0.18% of its share capital. The purpose of the program is to retain shares as treasury shares for Employee Share long-term Incentive Program.

The program will be funded from company's own resources. The program is subject to approval of next Extraordinary General Assembly.