UAE – Mubasher: ENBD REIT (CEIC) Plc, the Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management Limited, announced that it has purchased 100,000 of its ordinary shares on the Nasdaq Dubai Exchange.

The transaction has been implemented through the UAE-based broker Shuaa Securities LLC at a price of $0.539 per share, ENBD REIT said in a statement to Nasdaq Dubai.

Accordingly, the company now has 250.775 million ordinary shares in issue, according to the statement.

The company also added that it will cancel the repurchased shares, noting that the total voting rights in ENBD REIT will be 250.775 million.