Cairo – Mubasher: The Egyptian Exchange (EGX) decided to open the OPR market for Orascom Construction Limited to buy back one million during 3-10 October, according to a bourse filing on Monday.
Earlier, the board of directors approved repurchasing one million treasury shares at EGP 74.05 each, according to an earlier bourse filing, which further revealed that shareholders whom hold their shares on the EGX only would be entitled to this offer, the statement revealed.
On last Thursday, the stock quote was placed at EGP 70.77 with a 0.74% rise.
