Orascom Construction completes 5.6% share buyback on Nasdaq Dubai

Updated 6/6/2023 9:30:00 AM
Orascom Construction completes 5.6% share buyback on Nasdaq Dubai

Arab Finance: Orascom Construction PLC has purchased 6.517 million of its own shares on Nasdaq Dubai for $3.0 per share, according to a statement set to the Egyptian Bourse on June 6th.

The share repurchased represents 5.58% of the company’s total issued shares.

The company will keep these shares as treasury shares until writing them off after three months from the date of the buyback.

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