Mubasher: Mezzan Holding board of directors bought 50,000 of the company’s stocks through Fatma Investment for General Trading during Sunday’s session.

Deputy chairman of Mezzan Holding Mohamed Jasim Al Wazzan is the manager and co-owner of Fatma Investment for General Trading, Boursa Kuwait announced on Monday on its official website.

Al Wazzan also bought 25,000 stocks at a par value of 780 fils and another 25,000 shares at 775 fils per stock, according to another bourse statement.

Moutasem Al Wazzan, another board member, bought 25,000 stocks at 780 fils each and another 25,000 stocks at 775 fils per share, according to a bourse statement.

Al Wazzan Capital holds 63.3% of Mezzan Holding shares, according to the major shareholders statement in 4/6/2015.

Mezzan’s capital amounts to KWD 31.13 million, spread across 311.3 million shares, at a nominal value of 100 fils each.

The company’s stock declined 4.33% to 751 fils in Monday’s session, with 1.9 million shares traded, achieving KWD 1.45 million in liquidity.