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Waha Capital repurchases 1.2mln shares

Waha Capital repurchases 1.2mln shares
Waha Capital
OILC
-0.58% 1.71 -0.01
Waha Capital, a publically-traded company on ADX, bought back 1.248 million shares on Sunday, Dec. 21, at a total value of AED 3.7 million.
The company said in a bourse statement that the stock price reached AED 2.97, adding that the number of repurchased shares amounted to 12,478,688.
The number of remaining shares amounts to 181,972,780, Al Waha said.
The company operates with AED 1.944 million capital, divided into 1.944 shares at AED 1 par value each.
Photo Credit: Arabianeye-Reuters