Shuaa buys back 9.8m shares

Shuaa Capital yesterday revealed that it had bought back 9.8 million shares from the open market during the period running up to Sunday.

Shuaa bought 1 million shares at Dh1.05 on October 11, before buying another 8.8 million shares for Dh1.07 each, the company said. The buy-back was done through Integrated Securities. The company plans to buy back a total of 95 million shares from shareholders. (Staff Report)