Stocks Market
Cosumar Unveils New Share Buyback Program: Key Dates and Price Band
Cosumar will launch a share buyback program on September 21, 2026, running until January 20, 2028. Approved at the June 22, 2026 general meeting, the initiative covers up to 434,782 shares, representing 0.46% of the company’s capital. Transactions will be executed within a price band of 150 to 276 dirhams by brokerage firm Red Med Securities.
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Cosumar Announces Share Repurchase Initiative
Following the approval granted by its ordinary general meeting on June 22, 2026, Cosumar has officially set the stage for a new share buyback program. The operation will begin on September 21, 2026, and run through January 20, 2028.
The program targets a maximum volume of 434,782 shares, which represents just 0.46% of the agro-industrial group’s total capital. To ensure orderly market execution, the company has defined a strict price corridor: the minimum selling price is 150.00 dirhams and the maximum buying price is 276.00 dirhams.
The execution of all transactions has been assigned to the brokerage firm Red Med Securities. This structured buyback reflects Cosumar’s ongoing capital management strategy, offering investors a clear framework over the next two years.