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04/08/2026 - 11:40 am
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Madinet Masr Continues Its Treasury Share Buyback Program

Madinet Masr Continues Its Treasury Share Buyback Program
  • 04/08/2026 - 10:08 am
  • write : فريق التحرير
  • Home, Real Estate

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Madinet Masr (EGX code: MASR.CA) announced the completion of the purchase of 1% of the company’s total outstanding shares under the treasury share buyback program approved by the Board of Directors on 28 June 2026, which authorized the purchase of up to 2% of the company’s total shares through open-market transactions, in compliance with the applicable regulations issued by the Financial Regulatory Authority (FRA) and the Egyptian Exchange (EGX).

 

The completion of this phase of the treasury share buyback program reflects the company’s confidence in its financial performance, strong financial position, and future growth prospects.

 

Madinet Masr continues to implement the program as part of its strategy to maximize shareholder value while maintaining an appropriate balance between operational growth and investment returns. This reflects the company’s commitment to sound financial governance practices and to creating sustainable long-term value for its shareholders.

Tags: Board of DirectorsCapital markets EgyptCorporate GovernanceEGXEGX MASR.CAEgypt economyEgypt real estateEgyptian ExchangeEgyptian stock marketFinancial governancefinancial performanceFinancial Regulatory AuthorityFRA EgyptFuture growthInvestment returnsInvestor relationsListed companiesLong-term valueMadinet MasrMadinet Masr treasury sharesMASR.CAOpen market transactionsOperational growthOutstanding sharesPublicly listed companiesShare buyback programShareholder valueStrong financial positionTreasury share buyback

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