{"id":572196,"date":"2020-06-15T04:22:11","date_gmt":"2020-06-15T04:22:11","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/15\/egyptian-media-production-city-to-buy-up-to-10-in-treasury-stocks\/"},"modified":"2020-06-15T04:22:11","modified_gmt":"2020-06-15T04:22:11","slug":"egyptian-media-production-city-to-buy-up-to-10-in-treasury-stocks","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/15\/egyptian-media-production-city-to-buy-up-to-10-in-treasury-stocks\/","title":{"rendered":"Egyptian Media Production City to buy up to 10% in treasury stocks"},"content":{"rendered":"

Egyptian Media Production City to buy up to 10% in treasury stocks:<\/strong> The Egyptian Media Production City's board of directors has agreed to buyback 10% of the company\u2019s shares over the next three months, according to a regulatory disclosure (pdf).<\/a> A handful of companies have launched an unprecedented wave of buybacks over the past three months in response to the market turbulence that came in the wake of the covid-19 pandemic. The Financial Regulatory Authority eased rules<\/a> in March allowing companies to complete same-day buybacks in a bid to support share prices.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egyptian Media Production City to buy up to 10% in treasury stocks: The Egyptian Media Production City's board of directors has agreed to buyback 10% of the company\u2019s shares over the next three months, according to a regulatory disclosure (pdf). A handful of companies have launched an unprecedented wave of buybacks over the past three […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[1449,72,76,9319,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-572196","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-egyptian-media-production-city","tag-enterpriseam","tag-financial-regulatory-authority","tag-media-production","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"e68c2449-f546-41f2-94d5-a5c8ae941132","is_powered_by":true,"section_story_id":"33b84d16-6860-471b-a8ae-0a636614a86e","story_type":"1","photo_url":"","photo_position":"above","related_issue":[572177],"teaser":"","voice_url":""},"yoast_head":"\nEgyptian Media Production City to buy up to 10% in treasury stocks - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/15\/egyptian-media-production-city-to-buy-up-to-10-in-treasury-stocks\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egyptian Media Production City to buy up to 10% in treasury stocks\" \/>\n<meta property=\"og:description\" content=\"Egyptian Media Production City to buy up to 10% in treasury stocks: The Egyptian Media Production City's board of directors has agreed to buyback 10% of the company\u2019s shares over the next three months, according to a regulatory disclosure (pdf). A handful of companies have launched an unprecedented wave of buybacks over the past three […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/15\/egyptian-media-production-city-to-buy-up-to-10-in-treasury-stocks\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-06-15T04:22:11+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/15\/egyptian-media-production-city-to-buy-up-to-10-in-treasury-stocks\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/15\/egyptian-media-production-city-to-buy-up-to-10-in-treasury-stocks\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egyptian Media Production City to buy up to 10% in treasury stocks\",\"datePublished\":\"2020-06-15T04:22:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/15\/egyptian-media-production-city-to-buy-up-to-10-in-treasury-stocks\/\"},\"wordCount\":103,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Egyptian Media Production City\",\"EnterpriseAM\",\"Financial Regulatory Authority\",\"Media Production\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/15\/egyptian-media-production-city-to-buy-up-to-10-in-treasury-stocks\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/15\/egyptian-media-production-city-to-buy-up-to-10-in-treasury-stocks\/\",\"name\":\"Egyptian Media Production City to buy up to 10% in treasury stocks - 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The EGX30 fell 2.64% in the first minutes of the trading session and went on to\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/3\/212.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":572808,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/09\/the-coronavirus-is-fuelling-a-stock-buyback-boom-in-egypt\/","url_meta":{"origin":572196,"position":3},"title":"The coronavirus is fuelling a stock buyback boom in Egypt","author":"enterpriseam admin","date":"9 July 2020","format":false,"excerpt":"The coronavirus is fuelling a stock buyback boom in Egypt: Since March, EGX-listed companies have been buying back their own shares amid turmoil in global financial markets prompted by the pandemic. As the benchmark EGX30 index fell to three-and-a-half-year lows, experiencing single-day routs unlike anything seen since the political turbulence\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/55.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569620,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/02\/egypts-fra-suspends-3-day-notice-requirement-for-treasury-stock-purchases\/","url_meta":{"origin":572196,"position":4},"title":"Egypt\u2019s FRA suspends 3-day notice requirement for treasury stock purchases","author":"enterpriseam admin","date":"2 March 2020","format":false,"excerpt":"REGULATION WATCH- Market regulator suspends three-day notice requirement for listed companies\u2019 treasury stock purchases: The Financial Regulatory Authority (FRA) introduced a new temporary rule that will allow EGX-listed companies looking to purchase treasury stocks to notify the bourse on the same day they plan to buy the stocks, instead of\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/3\/22.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":636874,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/efsa-planning-changes-to-regs-on-treasury-shares-mortgage-finance\/","url_meta":{"origin":572196,"position":5},"title":"EFSA planning changes to regs on treasury shares, mortgage finance","author":"enterpriseam admin","date":"2 November 2017","format":false,"excerpt":"EFSA planning changes to regs on treasury shares, mortgage finance: The Egyptian Financial Supervisory Authority (EFSA) is apparently still planning on making further changes to EGX regulations, this time with treasury stocks. 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