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Al Salam Bank purchases 555,000 treasury shares

Al Salam Bank purchases 555,000 treasury shares
This brings the bank’s total holding of treasury shares to 52.564 million
Al Salam Bank
SALAM
0.00% 0.21 0.00
Al Salam International
SIIS
1.43% 0.64 0.01

Mubasher: Al Salam Bank – Bahrain announced it has bought 555,000 treasury shares on the Dubai Financial Market (DFM) and Bahrain Bourse (BHB) on 1 October 2019.

This brings the bank’s total holding of treasury shares to 52.564 million from 52.009 million, representing 2.372% of issued share capital, according to a bourse filing.

It is worth noting that Al Salam Bank had purchased 397,000 treasury shares on the DFM (DFM) and BHB on 29 September 2019.