Abu Dhabi – Mubasher: Dana Gas, a leading gas company based in Sharjah, has repurchased 3.632 million shares on 22 September 2019 as part of the buy-back programme previously approved by the UAE’s Securities and Commodities Authority (SCA) on 20 May 2019.

The average price of purchase transactions stood at AED 0.948 per share, the company said in a filing to the Abu Dhabi Securities Exchange (ADX).

The repurchased shares accounted for 0.05193% of the total subscribed shares, Dana Gas noted.

The transactions have been executed through the UAE-based brokerage Shuaa Securities, according to the statement.

The number of the unpurchased shares as per the SCA’s approval is 689.220 million shares, the company added.

Source: Mubasher

All Rights Reserved - Mubasher Info © 2005 - 2019 Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.