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SCA develops mechanism to facilitate share buybacks for listed companies

SCA develops mechanism to facilitate share buybacks for listed companies

“The measures approved by SCA provide support and flexibility to domestic securities markets and promote investor confidence,” H.E. Sultan Al Mansoori The Securities and Commodities Authority (SCA) stressed, in a statement, that it has introduced exemptions for public joint-stock companies wanting to buy back their shares. The statement said that this is aimed at providing further support and flexibility to domestic securities markets...
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