Cairo – Mubasher: The board of directors of Remco for Tourism Villages Construction gave a nod to buy 1million treasury stocks to enhance the company’s share price through the upcoming period, said a bourse statement.
The company will buy 1 million treasury stocks that represent 0.4% of the company’s total issued shares at buying price of EGP 1.56 per share.
Earlier, Remco said its consolidated losses for the first nine months of 2015 widened by 109.76% to EGP 47.09 million.
