ArabianBusiness.com - Middle East Business News
Saturday, 04 July 2009 18:11 UAE time

YOUR DIRECTORY /

| Share |

Kuwait's Gulf Bank gets share buyback approval

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Thursday, 07 August 2008

Gulf Bank, Kuwait's fourth-largest bank by market value, said on Wednesday it has secured a central bank approval to buy back up to 10 percent of its stock.

The six-month buyback period starts on Sept 11, the bank said in a statement on the bourse website.

advertisement


For news updates sign up for our newsletter
| Share |


READERS' COMMENTS

Disclaimer: The views expressed here by our readers are not necessarily shared by ArabianBusiness.com or its employees.

Click here to post a comment


Add your Comment
All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic.
Name *
Remember me on this computer
Email *
(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments


Please click post only once - your comment will not be published immediately.


MORE FROM ARABIANBUSINESS.COM

SHARE PRICE CHECK

more » MIDDLE EAST MARKETS DATA

GBK.KSE

Last Price:

0.38

0.000.00%

2 Jul 2009 09:29 GMT
(Market Closed)

RELATED LINKS

  1. Gulf Bank of Kuwait»

 EMAIL ALERTS

  1. Gulf Bank of Kuwait

  2. Financial Markets


CURRENCY CONVERTOR


READER COMMENTS

Read all user comments >

BUSINESS FEATURES

On the REIT track

Is the Middle East ready to embrace Real Estate Investment Trusts as an investment class?

Is your bank exposed to troubled Saudi groups?

Find out the exposure of some of the Gulf’s top banks to the troubled Saad, AHAD groups.

Credit Suisse traders keep rockin’ through firings

Keep swinging with the former Wall Street workers swapping music for money.

BUSINESS INTERVIEWS

Mumbai millions

Dubbed the Bill Gates of India, Ajit Balakrishnan talks markets, mobiles and slumdog millionaires.

Securing data

Netik's executive vice president Keith Hale explains why the company stands head and shoulders above the competition.

'The worst is yet to come'

Former World Bank chief James Wolfensohn warns that the global economy is facing a long road to recovery.

MORE FROM ARABIANBUSINESS.COM