UAE –  ENBD REIT (CEIC) Plc, the Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management Limited, announced that it has purchased 100,000 of its ordinary shares on the Nasdaq Dubai Exchange.

The transaction has been implemented through the UAE-based broker Shuaa Securities LLC at a price of $0.539 per share, ENBD REIT said in a statement to Nasdaq Dubai.

Accordingly, the company now has 250.775 million ordinary shares in issue, according to the statement.

The company also added that it will cancel the repurchased shares, noting that the total voting rights in ENBD REIT will be 250.775 million.

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.