GFH Financial Group's December Liquidity Update

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GFH Financial Group releases its December 2024 liquidity activities, showcasing strategic treasury management across GCC markets.

GFH Financial Group's December Liquidity Update

Summary

GFH Financial Group disclosed its December 2024 liquidity activities, revealing strategic treasury management across Bahrain, Dubai, and Abu Dhabi markets.

GFH Financial Group B.S.C., a prominent financial entity rooted in the Kingdom of Bahrain, has unveiled its liquidity providing activities for December 2024. This disclosure is in compliance with the Central Bank of Bahrain's mandate for listed companies to report monthly liquidity transactions. The report highlights the group's strategic operations across the Bahrain Bourse, Dubai Financial Market, and Abu Dhabi Securities Exchange.

As of December 31, 2024, GFH's treasury shares amounted to 258,642,186, representing 6.75% of the group's total outstanding shares. This substantial reserve underscores GFH's robust financial positioning and its commitment to maintaining liquidity and market stability.

In December, GFH's liquidity provider, SICO, facilitated the purchase of 744,434 securities and the sale of 53,859 on the Bahrain Bourse. The total expenditure for these transactions was $243,089, with a receipt of $17,647. These figures reflect GFH's proactive approach to managing its securities and ensuring optimal liquidity levels across its trading platforms.

GFH's strategic treasury operations are indicative of its forward-thinking approach in navigating the complex financial landscapes of the GCC region. By leveraging its liquidity providers, GFH ensures that it remains agile and responsive to market dynamics, thereby safeguarding its interests and those of its stakeholders.

Looking ahead, GFH Financial Group's adept management of its treasury shares and liquidity activities positions it favorably for future growth. The group's strategic investments across the US, Europe, and UK further bolster its global footprint and potential for expansion. Given these factors, investors might consider a 'buy' stance on GFH, as the company continues to demonstrate resilience and strategic foresight in its operations.

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Source

Treasury Shares and Liquidity Providing Activities During December 2024

Summary

GFH Financial Group B.S.C. announced details of its liquidity providing activities for December 2024, in compliance with the Central Bank of Bahrain's requirements for monthly disclosures by listed companies. The activities were conducted by liquidity providers SICO in Bahrain Bourse, and BHM Capital in Dubai Financial Market and Abu Dhabi Securities Exchange. As of December 31, 2024, GFH's treasury shares amounted to 258,642,186 shares, representing 6.75% of the group's total outstanding shares. In Bahrain Bourse, SICO purchased 744,434 securities and sold 53,859 securities, with total payments of USD 243,089 and total receipts of USD 17,647.

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