GFH Financial Group has purchased 5.12 million of its shares (treasury shares).
According to Arab Net, the group clarified in a statement that its treasury shares rose from 354.7 million shares to 359.9 million shares, equivalent to 9.39% of the issued shares, until July 6, 2022.
GFH had obtained for the second time the approval of the Central Bank of Bahrain to extend the period of purchase of its shares, starting from May 18, 2022, after obtaining the first approval on January 17 last.
It is noteworthy that the general assembly held on October 14, 2021, agreed to buy back the group's shares (treasury shares) with a maximum of 10% of the total issued shares of the group.
