Cairo – Mubasher: Porto Group Holding has started today selling 125 million treasury shares at market price, according to a bourse filing.
The selling process, which represents 2.7% of total shares, will last until 15 September, the bourse filing indicated.
In January 2016, the board of directors bought 125 million treasury shares at 38 piasters a share.
By 10:32am Cairo time, the stock quote was 3.33% lower to EGP 0.29 a share.
