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Air Arabia Company (PJSC) has invited its shareholders to attend the Annual General Assembly Meeting (AGM) scheduled for March 17, 2025, at 3:00 pm. The meeting will be held both virtually and physically at the company's head office located near Sharjah International Airport. The agenda includes discussing and approving the Board of Directors' and Auditor’s Reports, the company's financial statements for the fiscal year ending December 31, 2024, and a proposal to distribute a 25% cash dividend. Additionally, the meeting will address the approval of the Board’s remuneration, discharge of liabilities for the Board and auditors, and the appointment of auditors for the fiscal year 2025 along with their fees.
GFH Financial Group B.S.C. announced that it has purchased 1,000,000 of its own treasury shares, increasing its total holding of treasury shares from 333,760,623 (8.71% of total issued shares) to 334,760,623 (8.73% of total issued shares) as of March 16, 2025. The decision to purchase was made during a board meeting on March 24, 2024, and received approval from the relevant authority on February 16, 2025. The average purchase price was 0.3139 USD per share, and the shares purchased represent 0.026% of the issued capital. There are 48,498,760 shares remaining for purchase. The announcement was signed by Mariam Jowhary, Head of Compliance and AML.
GFH Financial Group has announced the purchase of 4,730,000 treasury shares, increasing its total treasury shares from 329,030,623 (8.59% of total issued shares) to 333,760,623 (8.71% of total issued shares) as of March 14, 2025. The decision was made at a board meeting on February 24, 2025, with approval from the relevant authority on February 16, 2025. The average purchase price was 0.3124 USD per share, and the purchased shares represent 0.123% of the issued capital. There are 49,498,760 shares remaining for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.