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Al Salam Bank continues buying treasury shares

Al Salam Bank continues buying treasury shares
The bank’s total holding of treasury shares grew to 54.364 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 750,000 treasury shares on the Dubai Financial Market (DFM) and Bahrain Bourse (BHB) on 6 October 2019.

Accordingly, the bank’s total holding of treasury shares grew to 54.364 million from 53.614 million, representing 2.453% of issued share capital, according to a bourse filing.

It is worth noting that Al Salam Bank had bought 900,000 treasury shares on the DFM and BHB on 3 October 2019.