July 13, 2021

Assiut Islamic National buys back 211,560 share

ArabFinance: The Egyptian Exchange (EGX) announced that Assiut Islamic National for Trading and Development (AITG) bought back its shares from the shareholders who reject voluntary delisting from EGX.

Assiut Islamic bought 211,560 shares at EGP 28.5 per each.

On April 27th, Assiut Islamic’s board of directors approved voluntary delisting from the EGX according to the listing rules.

Assiut Islamic is an Egypt-based public shareholding company engaged in the trade and distribution of building materials and agricultural machinery, and in the transportation sector. It is involved in marketing all types of grains, seeds, and agricultural crops, as well as the sale and export of cotton.


Categories : islamic finance

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