Sabah Hamamou

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IN DEPTH: Why companies shouldn't back out of share buybacks

CAIRO: Over the past few months, a growing number of Egyptian companies have purchased or announced plans to buy treasury stocks. Given the current economic environment, and the fiercely fluctuating markets, the move is both strategic and rational – but unfulfilling the promise is worrying to investors. Treasury stocks (a.k.a. reacquired stock or stock repurchase) …

Sabah Hamamou

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