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2026-08-04T06:37:59.195Z

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HSBC Buys Back One Billion in Shares

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Iron ore falls to 13-month low

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Oil rebounds as US-Iran talks remain uncertain

Asian stocks climb on tech and AI gains

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19 Hrs2026-08-04T05:59:12.737Z
Asian stocks climb on tech and AI gains
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Akstra advises holding 2.49 million treasury shares

Akstra advises holding 2.49 million treasury shares

The Board of Directors of United Electronics Company (Extra) has recommended the purchase of up to 2.49 million of its shares and their retention as treasury stock with the aim of enhancing shareholder value, considering that the current market price does not reflect their true value. The purchase will be financed using the company's own resources, without the need for external funding, and is subject to approval by the extraordinary general assembly. The purchased shares will be held and will not carry voting rights or dividends during the holding period, with an emphasis on fulfilling all necessary financial and regulatory requirements to ensure that the operation does not impact the company's financial position.

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