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ABK gets approval to buy/sell shares

ABK gets approval to buy/sell shares
The buy/sell period has duration of six months (Photo Credit: Arabianeye-Reuters)
ABK
ABK
1.67% 243.00 4.00

Kuwait-Mubasher: The Central Bank of Kuwait has agreed to extend Al Ahli Bank of Kuwait’s (ABK) purchase or sell programme for 10% or less of its shares, according to a bourse statement.

The buy/sell period has duration of six months from 10 June to 10 December, 2016.

ABK’s stock ended Thursday’s session falling 1.5% to 330 fils, after about 1.6 billion shares were traded, at a nominal value of 100 fils a share.