GFH Financial Group B.S.C.

Logotype for GFH Financial Group B.S.C.
Ticker/ISIN
GFH
BH000A0CAQK6
Market/Country
Dubai Financial Market
United Arab Emirates

About GFH Financial Group B.S.C.

Country of Origin: Kingdom of Bahrain

GFH Financial Group B.S.C. has been establishment in 1999 in the Kingdom of Bahrain as an Islamic Wholesale Bank licensed by Central Bank of Bahrain. GFH is a well renowned financial group in the GCC region, with a diversified offering and pioneering track record in Investment Management;  Commercial Banking; and Treasury & Proprietary Investments across the GCC, with strategic investment in the US, Europe and UK. Headquartered in Bahrain, GFH’s innovative approach to Islamic investment banking services has been recognized internationally for over a decade. GFH is listed on four stock exchanges in the GCC, including the Bahrain Bourse, Boursa Kuwait, Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX).

Latest Pressrelease Summaries from GFH Financial Group B.S.C.

GFH Financial Group announced that it has purchased 1,110,000 of its own shares, increasing its total treasury shares from 172,814,950 to 173,924,950, which now represents 4.54% of the total issued shares as of April 3, 2025. The decision to purchase was made by the board of directors on March 24, 2025, with the purchase approved by the relevant authority on February 16, 2025. The shares were bought at an average price of 0.2995 USD, representing 0.029% of the issued capital. There are 209,334,433 shares remaining for potential purchase. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.
GFH Financial Group B.S.C. announced that it purchased 3,490,000 treasury shares, increasing its total treasury shares from 169,324,950 (4.42% of total issued shares) to 172,814,950 (4.51% of total issued shares) as of April 2, 2025. The board of directors made the purchase decision on March 24, 2025, and it was approved by the relevant authority on February 16, 2025. The average purchase price was USD 0.3025 per share. There are 210,444,433 shares remaining available for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.
GFH Financial Group announced that it has purchased 1,550,000 of its own treasury shares, increasing its total treasury shares from 167,774,950 (4.38% of total issued shares) to 169,324,950 (4.42% of total issued shares) as of March 28, 2025. The decision to purchase was made by the board of directors on March 24, 2025, and received approval from the relevant authority on February 16, 2025. The shares were bought at an average price of 0.2998 USD. There are 213,934,433 shares remaining available for purchase. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.
GFH Financial Group B.S.C. announced on March 27, 2025, details related to the Ordinary and Extraordinary General Meetings held earlier. The announcement includes the minutes of the meetings, which had a quorum of 46.42%, a report on the quorum, a voting report on the agenda items, and observations from shareholders or their representatives. The announcement was made by Mariam Jowhary, the Head of Compliance and Anti-Money Laundering, and was sealed with the company stamp.
GFH Financial Group announced that it has purchased 1,681,403 treasury shares, increasing its total treasury shares from 166,093,547 (4.33% of total issued shares) to 167,774,950 (4.38% of total issued shares) as of March 27, 2025. The decision to purchase was made during a board meeting on March 24, 2025, and was approved by the relevant authority on February 16, 2025. The average purchase price was 0.3022 USD per share. There are 215,484,433 shares remaining for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.
GFH Financial Group announced the purchase of 1,045,000 treasury shares, increasing its total treasury shares from 165,048,547 (4.31% of total issued shares) to 166,093,547 (4.33% of total issued shares) as of March 26, 2025. The decision was made during a board meeting on March 24, 2025, with regulatory approval received on February 16, 2025. The average purchase price was 2200.3 USD per share. The remaining shares available for purchase total 17,165,836. The announcement was made by Mariam Jowhary, Head of Compliance & AML.
GFH Financial Group announced that it has purchased 8,315,000 treasury shares, increasing its total treasury shares from 156,733,547 (4.09% of total issued shares) to 165,048,547 (4.31% of total issued shares) as of March 25, 2025. The decision to purchase was made by the board of directors on March 24, 2025, with the approval granted on February 16, 2025. The average purchase price was USD 3.0650 per share. There are 218,210,836 shares remaining available for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.
GFH Financial Group announced the sale of 95,814,846 treasury shares, which represent 2.5% of its total issued shares, to Massarah Investment Company, a firm owned by the Al Mutlaq Family and based in Riyadh, Saudi Arabia. As a result of this transaction, the Group's total treasury shares will amount to 156,733,547, representing 4.09% of the total issued shares, after accounting for the bank's incentive program allocation. The announcement was made by Mariam Jowhary, Head of Compliance and Anti-Money Laundering.

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News Update From GFH Financial Group B.S.C.

Disclosure: Post share selling announcement

GFH Financial Group announced that it has purchased 15,400,300 of its own treasury shares, increasing its total treasury shares from 313,630,323 (8.18% of total issued shares) to 329,030,623 (8.59% of total issued shares) as of March 13, 2025. The decision to purchase these shares was made during a board of directors meeting on March 24, 2024, and received approval from the relevant authority on February 16, 2025. The average purchase price was 0.3138 USD per share, representing 0.402% of the issued capital. There are 54,228,760 shares remaining for potential future purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

1. Attached Document

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Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: Post share buyback announcement

GFH Financial Group B.S.C. announced the purchase of 7,693,193 treasury shares, increasing its total treasury shares from 305,937,130 (7.98% of total issued shares) to 313,630,323 (8.18% of total issued shares) as of March 12, 2025. The decision to purchase was made during a board meeting on February 24, 2025, and was approved by the relevant authority on February 16, 2025. The average purchase price was 0.3136 USD per share, and this purchase represents 0.2% of the issued capital. There are 69,629,060 shares remaining for potential purchase. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.

1. Attached Document

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Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: Post share buyback announcement

GFH Financial Group has announced the purchase of 8,212,483 treasury shares, increasing its total holding of treasury shares from 297,724,647 (7.77% of total issued shares) to 305,937,130 (7.98% of total issued shares) as of March 11, 2025. The decision to purchase was made at a board meeting on March 24, 2024, with approval from the relevant authority on February 16, 2025. The average purchase price was 0.3100 USD per share, representing 0.214% of the issued capital. There are 77,322,253 shares remaining available for purchase. The announcement was made by Mariam Jowhary, the Head of Compliance & AML.

1. Attached Document

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Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: Post share buyback announcement

GFH Financial Group announced on March 10, 2025, that it has purchased 400,000 treasury shares, increasing its total treasury shares from 297,324,647 (7.76% of total issued shares) to 297,724,647 (7.77% of total issued shares). The decision to purchase these shares was made during a board meeting on March 24, 2024, and received authority approval on February 16, 2025. The average purchase price was 0.3122 USD per share, and the purchased shares represent 0.010% of the issued capital. There are 85,534,736 shares remaining for future purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

1. Attached Document

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Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: Post share buyback announcement

GFH Financial Group announced that it has purchased 128,924 of its own shares, known as treasury shares, increasing its total treasury shares from 297,195,723 (representing 7.75% of the total issued shares) to 297,324,647 (representing 7.76% of the total issued shares) as of March 9, 2025. The decision to purchase these shares was made during a board meeting on March 24, 2024, and was approved by the relevant authority on February 16, 2025. The average purchase price was 0.3130 USD per share. The purchased shares represent 0.003% of the issued capital, and there are 85,934,736 shares remaining for potential purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

1. Attached Document

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Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: BOD meeting

GFH Financial Group B.S.C. has announced a scheduled Board of Directors meeting on Wednesday, 14 May 2025, at 2 p.m. Bahrain time. The agenda includes discussing the financial results for the first quarter of 2025 and other internal matters. The announcement is signed by Mariam Jowhary, Head of Compliance and AML.

1. Attached Document

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Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: Post share buyback announcement

GFH Financial Group announced that it has acquired 4,860,000 of its own treasury shares, increasing its total treasury shares from 292,335,723 (7.63% of total issued shares) to 297,195,723 (7.75% of total issued shares) as of March 7, 2025. The decision to purchase these shares was made during a board meeting on February 24, 2025, and received approval from the relevant authority on February 16, 2025. The average purchase price was 0.3121 USD per share. There are 86,063,660 shares remaining for potential purchase. The announcement was made by Mariam Jowhary, Head of Compliance and Anti-Money Laundering.

1. Attached Document

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Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: Post share buyback announcement

GFH Financial Group announced that it has purchased 5,600,000 treasury shares, increasing its total treasury shares from 286,735,723 (7.48% of total issued shares) to 292,335,723 (7.63% of total issued shares) as of March 6, 2025. The board of directors made the purchase decision on March 24, 2024, and received approval from the relevant authority on February 16, 2025. The average purchase price was 0.3140 USD per share, and the purchased shares represent 1.460% of the issued capital. There are 90,923,660 shares remaining for purchase. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

1. Attached Document

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Dubai Financial Market News

News Update From GFH Financial Group B.S.C.

Disclosure: Post share buyback announcement

GFH Financial Group announced the purchase of 6,420,000 treasury shares, increasing its total treasury shares from 280,315,723 (7.31% of total issued shares) to 286,735,723 (7.48% of total issued shares) as of March 5, 2025. The board of directors made the purchase decision on March 24, 2024, and the authority approved it on February 16, 2025. The average purchase price was 0.3150 USD per share, and the purchased shares represent 0.168% of the issued capital. There are 96,523,660 shares remaining for purchase. The announcement was signed by Mariam Jowhary, Head of Compliance & AML.

1. Attached Document

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News Update From GFH Financial Group B.S.C.

Disclosure: Termination of Liquidity Providers Activities

GFH Financial Group B.S.C. announced the termination of its liquidity provision agreements with SICO and BHM for its shares on the Bahrain Bourse, Dubai Financial Markets, and Abu Dhabi Securities Exchange. This follows a previous announcement on February 16, 2025, regarding the suspension of liquidity provision activities and the start of treasury shares buyback activities. The termination will be effective within 30 calendar days and 30 business days, respectively. During the suspension period and until the effective date, the liquidity providers will not carry out their activities. The announcement was made by Mariam Jowhary, Head of Compliance & AML.

1. Attached Document