Mubasher: Global Financial Investment’s board agreed Thursday on proceeding with the repurchase of 10% maximum of the company’s 20 million shares listed on the Omani bourse, with a maximum price of 125 Baisa.
Before this decision, the buyback was approved by the company’s shareholders and also the Capital Market Authority.
The company’s capital is valued at OMR 20 million distributed across 200 million shares.
