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Drake and Scull mulls share buybackThe board of Dubai contractor Drake and Scull will consider buying back up to 10 per cent of the company's shares at a meeting on December 22, the company said on Thursday. Drake and Scull, whose shares have plunged 42 per cen More… |
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Insurance House wins approval for share buybackAbu Dhabi-based Insurance House said it had secured the approval of the Securities and Commodities Authority (SCA) to launch a 10 per cent share buyback program. The publicly-listed company on the Abu Dhabi Securities Market said More… |
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Apple to initiate dividend, buybackApple, the world's most valuable company, said Monday it will initiate a regular quarterly dividend of $2.65 a share in July and will buy back up to $10 billion of its stock starting in fiscal 2013. The share buyback program is expected to More… |
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Buffett plans to buy more firms, stocksWarren Buffett said he is still eager to buy companies and stocks, even as his conglomerate Berkshire Hathaway launches its first-ever share buyback programme. Buffett, in a CNBC interview, said on Friday the repurchases will not stop the More… |
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NBAD postpones bond plan; cancels buybackNational Bank of Abu Dhabi has postponed plans to issue new convertible bonds in dollars and dirhams until market conditions improve, its chief executive said on Wednesday. "We are not likely to do it soon ... when markets are more favoura More… |
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Orascom Construction plans share buybackEgypt-based Orascom Construction Industries (OCI) plans to buy back up to 2 million of its shares between December 14 and January 13, the stock exchange said in a statement on Sunday. The shares, with a market value of 234 million Egyptian More… |
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Orascom Construction plans share buybackEgypt-based Orascom Construction Industries (OCI) plans to buy back up to 2 million of its shares between December 14 and January 13, the stock exchange said in a statement on Sunday. The shares, with a market value of 234 million Egyptian More… |
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Kuwaiti firms get shares buyback approvalFour Kuwaiti investment firms said on Sunday they had won central bank approval to buy back their own stock, the latest companies supporting their shares after a recent slide. Investment firms Aayan Leasing & Investment Co, Tamdeen Inv More… |
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Emaar rises 4pc on share buyback planDubai's Emaar Properties opened 4.1 percent higher in early trade after it announces a share buyback scheme, lifting the Dubai benchmark index. The property firm said on Saturday it would begin to buy back shares, which have fallen nearly More… |
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Top Kuwait bank wins buyback approvalCommercial Bank of Kuwait, the country's fourth-largest lender by market value, said on Wednesday it had won central bank approval to buy back up to 10 per cent of its stock. The six-month buyback period starts on May 21, the company said More… |
