Cairo – Mubasher: Amer Group Holding said Wednesday that the board of directors (B o D) approved selling 125 million treasury shares at the market price, according to a bourse filing.
In January, the company purchased 125 million treasury shares at 38 piasters per shares.
The company earned EGP 76.3 million in Q3-16, higher 75.2% year-over-year.
The stock quote closed Tuesday at 32 piasters after 38 million shares were traded at EFP 12.2 million.
