RAK Cement repurchases 321,500 shares

Written by Global Cement staff 19 August 2015

UAE: Ras Al Khaimah (RAK) Cement has bought back nearly 321,500 of its shares on the Abu Dhabi Securities Exchange, at prices between US$0.24 – 0.25/share. The number of repurchased shares has reached 9.187 million, while the number of remaining shares amounts 46.7 million. RAK Cement posted net earnings of US$667,002 for the first six months of 2015, compared with US$857,574 a year earlier.

Published in Global Cement News

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