Abu Dhabi, UAE – Al Waha Capital announced that it has obtained the approval of the Abu Dhabi Securities Market for its Board of Directors’ proposal.
This is done by implementing a program to buy back up to 10% of the company’s issued capital.
This came after it was approved by its shareholders during the recent General Assembly meeting.
The program will be implemented through open market trading, in accordance with market regulations and the Securities and Commodities Authority.
The frequency and volume of purchases shall be determined in accordance with market data and developments.
The company recorded a 22% year-on-year increase in net profits accruing to shareholders.
To reach 343 million dirhams during the nine months ending September 30, 2025.
