Mubasher: The Gulf Bank of Kuwait (GBK) announced that a board member has sold 31.24 million shares of the bank’s capital during Wednesday.

The board member Jassim Mustafa Jassim Boodaihas sold this equity for 291 fils per share at a total value of KWD 9.09 million, according to a bourse disclosure on Thursday.

It is noteworthy that GBK has a capital standing at KWD 304.81 million distributed on 3.05 billion shares at a par value of 100 fils each.