Browse
related articles
Shuaa to buyback 10% of its shares
- United Arab Emirates: Tuesday, October 28 - 2008 at 07:52
Shuaa Capital, the UAE's largest investment bank, plans to buy back 10% of its shares due to 'recent weakness' in the price, Bloomberg has reported. The company plans to buy back as much as 55 million shares as the recent decline below its book value has 'provided an attractive opportunity', Shuaa said in a statement.
Related Content
Article Options
Jeff Florian, Senior ReporterTuesday, October 28 - 2008 at 07:52 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer »
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
