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Financial Health
CautionFinancial Data
| Year | Type | Revenue (KMAD) | Net Income (KMAD) | Confidence |
|---|---|---|---|---|
| 2017 | Reference Document | - | 5,699,461 | high |
| 2016 | Ad Hoc Disclosure | - | 6,191,285 | high |
Extraction Summary
This is a share buyback program notice for Maroc Telecom (ITISSALAT AL-MAGHRIB S.A.) dated April 6, 2018. The document outlines a new share buyback program to be voted on at the general assembly on April 24, 2018. The program allows for the purchase of up to 1,500,000 shares (0.17% of capital) with a maximum budget of MAD 283.5 million over 18 months. The company's social accounts show net income of MAD 5.7 billion for 2017 and MAD 6.2 billion for 2016, with shareholders' equity of MAD 15.4 billion in 2017 and MAD 15.3 billion in 2016.
Extracted by Claude AI from MAROC TELECOM – L’AMMC vise la notice d’information relative au programme de rachat d’actions
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