Stocks Market
Moroccan Capital Market Authority Clears Share Buy‑Back Plan for Banque Centrale Populaire
The Moroccan Capital Market Authority (AMMC) has officially cleared a share‑buy‑back programme for Banque Centrale Populaire (BCP). The plan allows the bank to repurchase up to 10.16 million shares – roughly 5 % of its capital – at a price range of 201 MAD to 374 MAD per share, with the window running from July 2026 to January 2028, pending shareholder approval at the upcoming meeting on June 24.
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Regulatory approval
The Moroccan Capital Market Authority (AMMC) published a notice on June 9 2026 confirming its review of the share‑buy‑back programme announced by Banque Centrale Populaire (BCP).
Programme parameters
- Maximum of 10,165,623 shares, equivalent to 5 % of BCP’s issued capital.
- Buy‑back price band: minimum 201 MAD per share, maximum 374 MAD per share.
- Execution window: July 20 2026 to January 20 2028.
Next steps
The plan now awaits approval from the ordinary shareholders’ meeting scheduled for June 24 2026. The full information notice will be accessible at BCP’s headquarters, on its website, and at the Casablanca Stock Exchange and AMMC offices.