Economy Local November 18, 2024

Global Holding Company Buys 1.8 Million Shares

Global Holding Company announced the purchase of 1.8 million of its shares at an average price of 414 AED per share, totaling 750.2 million AED.


Global Holding Company Buys 1.8 Million Shares

The large corporation Al Alameya Holding announced the purchase of 1.8 million of its own shares at an average price of 414 dirhams per share, which amounts to a total of 750.2 million dirhams.

"This step demonstrates our commitment to strengthening our investment strategy and increasing the company's market value," noted representatives of Al Alameya Holding.

According to the company, this deal aims to enhance the long-term stability of the business and increase investor confidence.