Dubai's Amlak Finance could buy back some of its own shares, which have slumped around 40% so far this year, reported Reuters citing a statement on the Dubai Financial Market's (DFM) website. Amlak held a meeting regarding the possibility yesterday, on the day its share price fell a further 1.3% to Dhs3.1. It is now below the 'fair value' estimate of two out of three investment banks tracking the stock. [AMEInfo.com]



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Posted: 09|10|07 at 5:23 am. Filed under: News.