The canceled shares represent 2.58% of the overall shares (Photo Credit: Arabianeye-Reuters)
Offtec Holding
OFTC
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OFTC
Mubasher: Offtec Holding Group has completed the procedures for decreasing its capital through canceling 1.05 million treasury shares, according to a bourse statement.
The company’s ordinary general meeting agreed on the capital reduction as well as purchasing 5% of its treasury shares.
The canceled shares represent 2.58% of the overall shares.
Source:
Mubasher