Bank Alfalah Limited (BAFL): Earnings Review BAFL announced buy-back – By Foundation Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Bank Alfalah Limited Board of Directors announced a buy-back of 200 million shares on spot market prices.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Bank Alfalah Limited (BAFL PA) board of directors in their meeting held today decided to buy-back/purchase up to 200 million ordinary shares of the bank.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The buy-back/purchase constitutes up to approximately 11.25% of the current issued and paid up share capital.</span></li></ul><p></p>