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Top Kuwait bank wins buyback approval

Kuwait, April 23, 2008

Commercial Bank of Kuwait, the country's fourth-largest lender by market value, said on Wednesday it had won central bank approval to buy back up to 10 per cent of its stock.

The six-month buyback period starts on May 21, the company said in a statement on the bourse website.-Reuters




Tags: Kuwait | Bank | approval | buyback |

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