Ras Al Khaimah Cement Co decided to repurchase 68,560 of its shares on Thursday at AED0.83/share.
Accordingly, the total number of treasury shares rose to 10.29m with 45.6m shares remaining to be bought as part of the company’s buyback programme, according to a filing to the Abu Dhabi Securities Exchange Sunday.
The cement firm recently reported a fall in its net profits for 1H15 to AED2.45m (US$0.667m), from AED 3.15m in the same period the year before.
Crown Cement earned a profit after tax of BDT1001m in FY24
Crown Cement PLC, in Bangladesh, recently released its annual report for FY23-24. During the las...