Saudia Dairy & Foodstuff Company (SASE:2270) announces a share repurchase program. Under the program, the company will repurchase up to 2,749,750 common shares, representing 8.46% of its issued share capital. The program will be funded from the company’s own resources. The repurchased shares will be held as treasury shares. The program is subject to shareholder’s approval to be obtained at the Extraordinary General Meeting. The program will be valid for a period of 12 months, from the date of the passing of the resolution at the Extraordinary General Meeting