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Al Salam Bank buys 155,000 treasury shares

Al Salam Bank buys 155,000 treasury shares
This brings the bank’s total holding of treasury shares to 57.385 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 155,000 treasury shares on the Dubai Financial Market (DFM) and Bahrain Bourse (BHB) on 14 October 2019.

This brings the bank’s total holding of treasury shares to 57.385 million from 57.230 million, representing 2.590% of issued share capital, according to a bourse filing.

It is worth noting that Al Salam Bank had bought 57,000 treasury shares on the DFM on 13 October 2019.