GFH Financial Group Increases Treasury Shares
GFH Financial Group announces a significant increase in its treasury shares, marking a strategic move in its financial management.
Summary
GFH Financial Group has acquired 9,470,411 treasury shares, increasing its total treasury holding to 6.142% of issued shares, indicating a strategic financial maneuver.
GFH Financial Group B.S.C., a prominent financial institution in the GCC region, has made a strategic move by increasing its treasury shares. According to the recent announcement, the company has acquired an additional 9,470,411 shares, raising its total treasury shares from 225,918,904, which represented 5.895% of the total issued shares, to 235,389,315 shares, now accounting for 6.142% of the total issued shares as of November 19, 2025.
This decision, made during the company's board meeting on March 20, 2025, and approved by the relevant authority on October 20, 2025, reflects GFH's proactive approach to managing its capital structure. The average purchase price for these shares was USD 0.578, which is a strategic investment considering the company's current market position and future prospects.
The increase in treasury shares is often seen as a positive signal by the market, suggesting that the company believes its shares are undervalued. By buying back shares, GFH Financial Group is effectively reducing the number of shares available in the market, which can lead to an increase in earnings per share (EPS) and potentially drive up the stock price.
Given GFH's strong presence in the GCC and its strategic investments in the US, Europe, and the UK, this move can be interpreted as a sign of confidence in its financial health and future growth prospects. The company's innovative approach to Islamic investment banking, recognized internationally, adds further credibility to its strategic decisions.
For investors, this development suggests a positive outlook for GFH Financial Group. The buyback indicates that the management is committed to enhancing shareholder value and optimizing its capital structure. Therefore, considering the company's robust track record and strategic initiatives, it would be prudent for investors to hold their positions in GFH Financial Group and potentially look for buying opportunities as the company continues to strengthen its market position.
Source
Summary
GFH Financial Group B.S.C. announced the purchase of 9,470,411 treasury shares, increasing its treasury shares from 225,918,904 (5.895% of total issued shares) to 235,389,315 (6.142% of total issued shares) as of November 19, 2025. The decision to purchase was made by the board on March 2, 2025, and approved by the authority on October 20, 2025. The average purchase price was USD 0.578, representing 0.247% of the issued capital. There are 147,870,068 shares remaining for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.
