Cairo – Mubasher: Edita Food Industries announced the execution of a purchase transaction for 800.49 thousand treasury shares during the trading session on Wednesday, October 28, 2026.
The company explained in a statement to the Egyptian Exchange today that the purchase comes pursuant to the Board of Directors' decision held on October 26.
The company's Board of Directors had previously approved the purchase of 30 million treasury shares, representing 1.4323% of the company's current issued capital shares, through the open market over a period of one month at the market price.
The company aims through purchasing treasury shares to support the market price of the share, reassuring investors of its confidence in the share's performance, and anticipating strong investment rates as soon as current conditions stabilize.
