Cairo – Mubasher: The board of Raya Holding for Technology and Communications agreed to buy back a maximum of 1 million treasury shares at EGP 4.05 each.
This amount constitutes 0.99% of the company’s issued capital.
The Egyptian Exchange announced that the OPR market will receive shareholders’ buy and sell orders for Raya’s bid within the period 16-25 March.
At 12:15pm Cairo time, the stock reached EGP 4.3, registering a turnover of EGP 249,000 after 60,000 shares were traded in 32 transactions.
