Mubasher: The Kuwaiti Capital Market Authority (CMA) has approved KAMCO Investment's request to purchase or sell 10% or less of its treasury shares.
This approval is granted for a duration of six months starting from the CMA’s approval date on on 28 September, according to a bourse statement issued on Monday.
The authority noted that the purchase value should not exceed the value of the available financing sources.
KAMCO clarified that no financial impact will be reflected on the company’s income statements.
