Emirates NBD reiterates its purchase actions



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(MENAFN – Bahrain Times) Source:

Dated:
August 06, 2019

Emirates NBD REIT, a Shariah compliant real estate investment trust managed by Emirates NBD Asset Management, has bought back a number of Nasdaq Dubai-listed conventional shares, according to a statement released yesterday on the Nasdaq Dubai website.

According to the disclosure, the number of shares purchased is 50,000 common shares and the highest paid and lowest price per share is $ 0.539. He said the takeover would take place through Shuaa Securities

. According to the information disclosed, Emirates NBD will cancel the repurchased shares and the number of ordinary shares issued in the Fund after the repurchase will rise to 251,050,000 shares. Thus, the voting rights of Emirates NBD will reach 251 050 000 votes.

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