Abu Dhabi – Mubasher: Dana Gas, a leading gas company based in Sharjah, has purchased 750,000 shares on Thursday, 17 October 2019, as part of the buyback programme previously approved by the UAE’s Securities and Commodities Authority (SCA) on 20 May 2019.

The average purchase price of each transaction stood at AED 0.933, Dana Gas said in a statement to the Abu Dhabi Securities Exchange (ADX).

The purchased shares accounted for 0.01072% of the total subscribed shares, Dana Gas added.

Moreover, the transactions have been implemented through UAE-based brokerage Shuaa Securities, according to the statement.

The remaining unpurchased shares as per the SCA’s approval amount to around 678,716 million shares, the company revealed.