Abu Dhabi-Mubasher: Abu Dhabi-listed RAK Cement repurchased 965,000 shares for AED 778,650 on 13 June, representing 8.24% of the capital, according to a bourse filing.
The company bought back 300,000 shares at AED 0.80 each and 665,000 shares for AED 0.81 each.
Accordingly, the total number of treasury shares rose to 46.05 million shares, with 9.85 million shares remaining to be bought as part of the company’s buyback programme.
