National Investments gets CMA’s nod for buyback

Kuwait-Mubasher: National Investments Company said that the Capital Markets Authority (CMA) has permitted the company to buy back 10% or less of its shares.

National Investments Company will be able to buy or sell 10% of its shares for a period of six months, starting from 15 December, 2015 to 14 June, 2016.

Thus, the regulator allowed the company to trade in an amount of 87.6 million shares. 

Mubasher Contribution Time: 16-Dec-2015 11:01 (GMT)