Abu Dhabi – Mubasher: Eshraq Properties on Wednesday announced that it has repurchased around 3.41 million shares within the framework of the shares repurchase programme approved by the Securities and Commodities Authority (SCA).
The company bought the shares last Monday at an average price of AED 0.4589 per share, according to a filing to the Abu Dhabi Securities Exchange (ADX).
The transaction has been implemented through ADIB Securities, the real estate developer indicated.
Eshraq Properties had purchased around 500,000 shares under the shares repurchase programme approved by the SCA on 9 October 2018.
