Offtec Holding reduces capital via treasury shares

Mubasher: Offtec Holding Group has completed the procedures for decreasing its capital through canceling 1.05 million treasury shares, according to a bourse statement.

The company’s ordinary general meeting agreed on the capital reduction as well as purchasing 5% of its treasury shares.

The canceled shares represent 2.58% of the overall shares.

 

Mubasher Contribution Time: 17-Aug-2016 09:27 (GMT)
Mubasher Last Update Time: 17-Aug-2016 09:27 (GMT)