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Dar Al-Mo’eddat Advises Buying 3M Shares
The Board of Directors of Dar Medical and Scientific Equipment Company recommended purchasing up to 3 million shares, representing 10% of the company's total shares, to be held as treasury stock. This decision is based on the current market price being below the stock’s fair value, with the aim of enhancing the company's value through the buyback process, which will be financed from the company's own resources, subject to the approval of the Extraordinary General Assembly and the fulfillment of necessary financial conditions.
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