Press releases, Reports & Disclosures for ESHRAQ INVESTMENTS P.J.S.C

Eshraq Investments PJSC has purchased 345,000 of its own shares as part of the Abu Dhabi Securities Exchange (ADX) approved Buy-back program. The decision to buy back the shares was made at a board meeting on 18/10/2023 and ADX approval to extend the buy-back was granted on 24/10/2023. The shares represent 10% of the total subscribed shares and were bought at a price of 0.4072 fils per share. The transactions were executed by FAB Securities. After the current purchase, the company holds 4.76% of its shares in treasury. There are still 147,726,196 shares unpurchased as per the Securities and Commodities Authority's approval.

The Board of Directors of Eshraq Investments PJSC is scheduled to meet on December 27, 2023, via video and audio conference call. The agenda includes the ratification of the minutes from the previous meeting held on November 9, 2023, review and approval of the budget for financial years 2024 and 2025, consideration of calling a General Assembly meeting to discuss the company's share buyback program, and other operational matters.

Eshraq Investments PJSC has purchased 822,000 shares as part of a buy-back program approved by the Abu Dhabi Securities Exchange (ADX). The decision for the buy-back was made by the Board of Directors on 18/10/2023 and approved by ADX on 24/10/2023. The shares represent 10% of the total subscribed shares and were bought at a price of 0.4089 fils per share. The transactions were executed by FAB Securities. After this purchase, the company holds 4.75% of its shares as treasury shares. There are still 148,071,196 shares unpurchased as per SCA approval.

Eshraq Investments PJSC has reported the purchase of 700,000 shares as part of the Abu Dhabi Securities Exchange approved buy-back program. The decision to buy-back was made on 18/10/2023, with approval to extend the buy-back given on 24/10/2023. The purchased shares represent 10% of the total subscribed shares, bought at a price of 0.410 fils per share. The transactions were executed by FAB Securities. After the current purchase, Eshraq Investments PJSC holds 4.72% of its shares in treasury, with 148,893,196 shares still unpurchased as per SCA approval.

The report from Eshraq Investments PJSC, dated 12/12/2023, provides information on the company's share buy-back program approved by the Abu Dhabi Securities Exchange (ADX). The Board of Directors decided on the buy-back on 18/10/2023, and the ADX approved the extension on 24/10/2023. The company was authorized to purchase 10% of the total subscribed shares, and it bought 897,205 shares on 12/12/2023 for 0.4112 fils each. The transactions were executed by FAB Securities. After the purchase, the company holds 4.68% of Treasury Shares, leaving 149,993,196 shares unpurchased as per SCA approval.

Eshraq Investments PJSC has reported the purchase of 650,000 shares as part of its ADX approved buy-back program, according to a report dated 07/12/2023. The shares were bought on the Abu Dhabi Securities Exchange. The decision to buy back the shares was made on 18/10/2023, with the ADX approval to extend the buy-back program granted on 24/10/2023. The shares represent 10% of the total subscribed shares. The purchase price for each transaction was 0.4251 fils. The transactions were executed by FAB Securities. Following this purchase, the company holds 4.65% of treasury shares, with 150,890,401 shares still unpurchased as per SCA approval.

Eshraq Investments PJSC has invited its shareholders to attend a Q3 2023 Management Presentation, following the publication of its Q3 2023 financial results. The presentation and Q&A session, hosted by CEO Mr. Mohamed Al Hashimi, will give shareholders the chance to engage directly with the company's management, learn about its portfolio and investment philosophy, and review Q3 operational and financial performance. The event will be held on 15 November 2023 at 11:00 GST at the Royal M Hotel, Abu Dhabi, and virtually. Pre-registration is required, and the link to the virtual session will be shared upon registration.

The text appears to be a review report and condensed consolidated financial information for Eshraq Investments PJSC. The information provided pertains to the company's financial performance over a nine-month period ending on 30th September 2023. No further details are provided in the prompt.

Eshraq Investments has released its Q3 2023 financial results, revealing a 5% YoY increase in room revenue from commercial real estate operations and a record occupancy rate of 94% for its Marina Rise apartments. The company's total Goldilocks Fund net investment value stood at AED 1.75 billion, while total liabilities reduced by over 30% YoY due to a decrease in bank borrowings. The company also announced a board reshuffle, including a new Chairman and directors, and a share buyback approved by the board. However, the company reported a decline in total operating income by 117.4% YoY and a net loss of AED 83.34 million in Q3 2023, driven by changes in the value of the Goldilocks Fund and higher net finance costs.