Latest Threads
Check out what has been happening in the community
Check out what has been happening in the community
On 1st May 2024, Rami Mohammad Al Banna, Head of Investor Relations at Dubai Taxi Company PJSC, sent a letter to Mr. Hamed Ahmed Ali, the CEO of Dubai Financial Market. The letter was to inform him about the company's earnings call scheduled for 3:00 pm on 8th May. This call is intended to discuss the financial results for the first quarter of 2024. The presentation for the call will be available on the company's website before the meeting. The Securities and Commodities Authority was also copied in the letter.
GFH Financial Group announced on 1st May 2024 that it has acquired an additional 27,112,532 of its own shares (treasury shares), bringing its total holding of treasury shares from 253,516,978 (6.61% of total issued shares) to 280,629,510 (7.32% of total issued shares). The decision to purchase these shares was made by the company's board of directors in September 2021 and approved by the Authority in April 2024. The average purchase price was 0.297 USD per share, representing 0.707% of the issued capital. The company still has the capacity to purchase an additional 102,629,873 shares.