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Al Salam Bank buys 404,000 treasury shares

Al Salam Bank buys 404,000 treasury shares
This brings the bank’s total holding of treasury shares to 57.173 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 bought 404,000 treasury shares on the Dubai Financial Market (DFM) and Bahrain Bourse (BHB) on 10 October 2019.

This brings the bank’s total holding of treasury shares to 57.173 million from 56.769 million, representing 2.580% of issued share capital, according to a bourse filing.

It is worth noting that Al Salam Bank had bought around 1.201 million treasury shares on the DFM and BHB on 9 October 2019.