Dubai – Mubasher: Union Properties on Sunday announced that its board has approved the recommendation to repurchase not more than 10% of the company’s shares.
The purpose of the buyback programme is to resell the shares once the company receives approval from concerned parties, it said in a statement to the Dubai Financial Market (DFM).
By 10:33 am UAE time, Union Properties’ stock grew 1.23% to AED 0.41.
