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Al Salam Bank buys 395,000 treasury shares

Al Salam Bank buys 395,000 treasury shares
The bank’s total holding increased to treasury shares to 60.761m
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 395,000 treasury shares on the Dubai Financial Market (DFM) on 23 October 2019.

This brings the bank’s total holding of treasury shares to 60.761 million from 60.366 million, representing 2.742% of issued share capital, according to a bourse filing.

It is worth noting that Al Salam Bank had bought 155,000 treasury shares on the DFM and BHB on 22 October 2019.