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The Moroccan Capital Market Authority (AMMC) approved on Monday an information notice relating to a share buyback program in the company “Douja Promotion Groupe Addoha”.
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This program, which begins on September 11 and ends on March 10, 2022, covers 4,025,512 shares as the maximum number to be held, or 1% of the capital, the AMMC informed in a press release, specifying that the maximum price purchase was set at 12 dirhams, while the minimum sale at 6 dirhams.
Said program will be subject to the authorization of the Ordinary General Assembly which will meet on September 3, adds the same source.
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