Cairo – Mubasher: Elsewedy Electric has completed buying back 3.6 million treasury shares at EGP 62.5 each, totaling EGP 225 million, according to a bourse filing on Tuesday.
Bids received for Elsewedy's treasury shares reached 12.31 million, the Egyptian Exchange announced Monday.
On Tuesday, the stock quote saw no trading activity until 10:20am Cairo local time and closed Monday's session at EGP 60.35.