EFG-Hermes to buy back five million treasury shares
EFG-Hermes has not specified the price it will pay for the shares it is buying back. The move is the latest in a series of buybacks. In October, EFG-Hermes said it would purchase five million shares between 23 October and 22 November at prices ranging between EGP 19.4 and EGP 26 per share. The bankâ€™s shares have been the third worst performer on the CASE30 since January.