Waha Capital buys back 445,000 shares

Abu Dhabi-Mubasher: Waha Capital repurchased 445,000 shares on 29 June, equivalent to 5.01% of its capital, according to a bourse statement.

The company purchased the shares at AED 1.97 each, totalling AED 876,700.

As a result, the total number of treasury shares grew to 97.48 million, with 96.97 million shares remaining to be purchase.

The company’s stock declined 1.02% to AED 1.95 by 12:15pm UAE time  after generating AED 6,840 from the exchange of 3,500 shares.

Mubasher Contribution Time: 30-Jun-2016 09:14 (GMT)
Mubasher Last Update Time: 11-Jul-2016 07:59 (GMT)