(Photo credit: Arabianeye - Reuters)
Cairo Oils & Soap
COSG
2.88%
0.36
0.01
COSG
Cairo – Mubasher: Cairo Oils and Soap’s board of directors has agreed to purchase 1 million treasury stocks at a price of EGP 15.30 per share.
Regardless of whether the shares will be sold at higher prices or written off, the move will have a positive impact on the company’s shareholders, according to a bourse statement released on Tuesday.
Source:
Mubasher