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بوابة الفجر
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Egypt Advances Treasury Share Purchase Program
Madinat Masr Company announced the completion of the purchase of a 1% stake in its shares under the treasury stock buyback program, which was approved by the Board of Directors for a total of 2% of the shares. The aim is to enhance the company's confidence in its financial performance and strengthen its financial position. This execution is part of its strategy to increase shareholders' equity and achieve a balance between growth and investment returns, while adhering to financial governance principles and boosting long-term value for shareholders.
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