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Al Salam Bank buys 900,000 treasury shares

Al Salam Bank buys 900,000 treasury shares
This brings the bank’s total holding of treasury shares to 53.614 million
Al Salam Bank
SALAM
-3.51% 0.22 -0.01
Al Salam International
SIIS
0.00% 0.63 0.00

Mubasher: Al Salam Bank – Bahrain announced it has purchased 900,000 treasury shares on the Dubai Financial Market (DFM) and Bahrain Bourse (BHB) on 3 October 2019.

This brings the bank’s total holding of treasury shares to 53.614 million from 52.714 million, representing 2.420% of issued share capital, according to a bourse filing.

It is worth noting that Al Salam Bank had bought 150,000 treasury shares on the DFM (DFM) and BHB on 2 October 2019.