Palm Hills announces the purchase of 1.5 million treasury sharesVisits : 140

Palm Hills announces the purchase of 1.5 million treasury shares

Palm Hills Development Company said that the purchase of 1.5 million treasury shares was executed during a trading session yesterday, Tuesday, 10 March 2020.

This came in a statement to the Egyptian Stock Exchange on Wednesday.

The board of directors of Palm Hills Development Company decided earlier this week to purchase treasury shares with a maximum of 62.35 million shares, representing approximately 2 percent of the companys total shares.