United Electronics

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United Electronics Company (eXtra) shareholders vote overwhelmingly to authorize the purchase of up to **2.49 million treasury shares**, with **99.80% approval** at the second extraordinary general assembly meeting. The decision reflects strong shareholder confidence in the company’s capital management strategy. The meeting took place on **November 4, 2026**, marking a key governance milestone for eXtra.

Nov 2026MubasherNews article

United Electronics Company (eXtra) reports a net profit of **SAR 302.03 million** for the first nine months of 2026, marking a **9.95% year-on-year decline** despite total revenues of **SAR 5.97 billion**. The results reflect continued operations amid shifting market conditions. Audited figures confirm financial performance through September 2026.

Nov 2026MubasherNews article

United Electronics Company (eXtra) reports a **SAR 301.85 million net profit** for the first nine months of 2026, marking a **10% year-on-year decline** despite a **5.35% revenue increase to SAR 5.96 billion**. The company’s financial results reflect steady revenue growth amid reduced profitability. eXtra’s performance highlights a shift in financial dynamics while maintaining strong top-line expansion.

Oct 2026MubasherNews article

United Electronics Company (eXtra) shareholders will vote on a proposal to repurchase up to 2.49 million shares. The buyback is estimated to cost SAR 194.53 million at an average price of SAR 78 per share. The vote is scheduled for 4 November 2026.

Sep 2026MubasherNews article