Abu Dhabi: Abu Dhabi-based Waha Capital said on Tuesday it has received a regulatory nod to buyback 10 per cent or 194 million of its outstanding shares.
The company didn’t disclose the price at which it wanted to make the offer. The company had said buyback programme will be carried out within 12 months of the approval of the regulator, the Securities and Commodities Authority.
Waha Capital traded 0.74 per cent lower at Dh2.68 on the Abu Dhabi Securities Exchange.
