(2016-12-28) Amer Group finalizes selling of 125m treasury stocks Amer Group (AMER) announced on Wednesday, execution of selling 125,000,000 treasury stocks by December 27, 2016.
It is worth mentioning, the company decided to sell 125 million treasury stocks at the market price of stock from December 12, 2016, to January 12, 2017, noting that it expected that selling treasury stocks will affect the company positively, as it aims to provide more liquidity for the company.