12,691,247 treasury shares
(equal to 0.35% of the share capital) for an aggregate amount of 179,459,400.69 euro.
In the event of purchased treasury shares
being issued, the issuing company will disclose the extent of the stock options without delay pursuant to 6(1) of the Austrian Publication Ordinance.
Following this transfer, Afarak Group holds a total of 2,494 treasury shares
In August 2015, the Senate Standing Committee on Finance approved amendments to section 95-A of the Companies Ordinance 1984, which sought to allow listed companies to purchase their own shares and hold them as treasury shares
287 of 2016 Promulgating the Executive Regulation of Law No.1 of 2016 Promulgating the Companies Law ('Companies Law'), the Kuwaiti legislator has defined treasury shares
as: "the shares acquired and resold by the company and used on its issued shares traded in the stock exchange within the limit of the decreed percentage".
It also includes restrictions, rights and privileges of the treasury shares
, limitation on treasury shares
, compliance with the applicable international financial reporting standards relating to the treasury shares
, disposal of treasury shares
and maintaining record thereof.
All in all, the treasury shares
account for 1.36 percent of the Bank's registered capital.
Aboitiz Equity Ventures earlier raised P594 million by selling an initial tranche of treasury shares
back to the open market in September 2014.
EFG Executive Chairman Karim Awad said: "The objective of acquiring the treasury shares
is to maximise the capital returns as well as shareholder profits.
Following this transfer Vodafone holds 4,381,155,556 of its ordinary shares in treasury and has 49,433,972,693 ordinary shares in issue, excluding treasury shares
After the cancellation of the 15m treasury shares
, United Internet will still hold 9m treasury shares
, which correspond to 4% of the reduced equity capital of EUR 225m.
1,336,369 shares, at a weighted average price per share equal to 13.288003 euro, for a total consideration of 17,757,675.31 euro within the authorization to purchase treasury shares
approved at Eni's Ordinary General Meeting of shareholders on 14 May 2019, previously subject to disclosure pursuant to art.