Abu Dhabi – Mubasher: Ras Al Khaimah Cement (RAK Cement) has purchased on Wednesday 740,000 of its shares representing 9.27% of the capital, with an overall value of nearly AED 590,000.
RAK Cement has bought 275,000 shares for AED 0.79 per each share, and 465,000 shares for AED 0.80 a share, the company said in a statement issued Thursday.
Thus, the company’s overall purchased shares grew to 51.81 million, while the remaining shares are 4.09 million.
