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Dar Al-Moodeat advises buying 3 million shares as treasury stock

Dar Al-Moodeat advises buying 3 million shares as treasury stock

The Board of Directors of Dar Medical and Scientific Equipment Company recommended purchasing up to 3 million of its shares, representing 10% of the total shares, to be held as treasury stock. This recommendation, issued on September 20, 2026, is based on the Board's belief that the market price of the share is below its fair value. The purchase will be financed from the company's own resources and requires approval from the Extraordinary General Assembly, provided that financial solvency requirements are met.

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