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Monday, 09 November 2009 04:26 UAE time

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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.

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more » MIDDLE EAST MARKETS DATA

GBK.KSE

Last Price:

0.32

+0.01+1.59%

8 Nov 2009 09:22 GMT
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  1. The tipping scandal 12
    08 Nov ' 09 at 16:32
    Steve you are 100% right. Managers and bosses have no right to use tip money for any other purpose than todistribute it to the staff...   More  »
  2. The party's just beginning 10
    08 Nov ' 09 at 18:31
    The recession may be coming to an end, but my guess is that there is no party in sight, just a depression! The typical line i hear in...   More  »
  3. Al Habtoor chief upbeat on Dubai future 08
    08 Nov ' 09 at 20:55
    I agree with Mr Khalafs comments, yesterday is gone,tomorrow nobody seen, what he is expecting beyound tomorow ,is his positive...   More  »

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