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Egypt for Poultry buys back 2.88m shares

Egypt for Poultry buys back 2.88m shares
2.877 million treasury shares bought at EGP 1.68 each - (Photo Credit: Reuters)
Egypco
EPCO
-3.15% 4.00 -0.13

Cairo – Mubasher: Egypt for Poultry bought back 2.877 million treasury shares at  EGP 1.68 each, totaling EGP 4.8 million, the Egyptian Exchange announced on Wednesday.

The company operates with EGP 94.6 million distributed over 47.3 million shares at a par value of EGP 2 each.

The stock quote rose by 1.25% to EGP 1.62 after 32,000 shares were traded at EGP 517,00 by 11:40am Cairo time.