The Moroccan Capital Market Authority (AMMC) published its monthly disclosure of transactions carried out in February 2025 under listed companies’ stock buyback programmes and related liquidity contracts, pursuant to Decree No 2-02-556 of 24 February 2003 as amended. For Maroc Telecom, the disclosure covers a programme running from 15 July 2024 to 15 January 2026 authorising up to 10,165,623 shares, representing 5% of share capital, with the liquidity contract capped at 20%. It sets a maximum purchase price of MAD 374 and a minimum sale price of MAD 201, and reports February activity of 214,253 shares purchased and 240,100 shares sold, with weighted average prices reported for Casablanca and Paris. For BCP, AMMC lists a programme running from 15 April 2024 to 14 October 2025 allowing up to 1,500,000 shares, representing 0.17% of share capital, with a maximum purchase price of MAD 140 and a minimum sale price of MAD 68, and a 20% cap for the liquidity contract.
Moroccan Capital Markets Authority 2025-03-03
Moroccan Capital Market Authority discloses February 2025 trading under listed companies’ share buyback programmes and liquidity contracts
The Moroccan Capital Market Authority released its February 2025 disclosure on stock buyback programmes and liquidity contracts for listed companies. Maroc Telecom's programme, running until January 2026, allows for up to 10,165,623 shares with specific price limits, reporting February transactions of 214,253 shares purchased and 240,100 sold. BCP's programme, ending October 2025, permits up to 1,500,000 shares with defined price thresholds.