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Al Salam Bank continues buying treasury shares

Al Salam Bank continues buying treasury shares
This brings the bank’s total holding of treasury shares to 52.714 million
Al Salam Bank
SALAM
0.48% 0.21 0.00
Al Salam International
SIIS
-0.62% 0.64 -0.00

Mubasher: Al Salam Bank – Bahrain announced it has purchased 150,000 treasury shares on the Dubai Financial Market (DFM) and Bahrain Bourse (BHB) on 2 October 2019.

This brings the bank’s total holding of treasury shares to 52.714 million from 52.564 million, representing 2.379% of issued share capital, according to a bourse filing.

It is worth noting that Al Salam Bank had bought 555,000 treasury shares on the DFM (DFM) and BHB on 1 October 2019.