The Moroccan Capital Market Authority (AMMC) published its monthly disclosure of transactions carried out in May 2025 by listed companies operating share buyback programmes, in line with Decree No 2-02-556 of 24 February 2003 (as amended). For Maroc Telecom, the disclosed programme parameters include a 15/07/2024 to 15/01/2026 window, a cap of 10,165,623 shares (5% of share capital), a maximum purchase price of MAD 374 and a minimum sale price of MAD 201. In May 2025, Maroc Telecom reported purchases of 170,356 shares (19,452 in Casablanca and 150,904 in Paris) and sales of 188,988 shares (61,000 in Casablanca and 127,988 in Paris), with weighted average purchase prices of MAD 268.88 in Casablanca and EUR 9.79 (MAD 111.70) in Paris and weighted average sale prices of MAD 272.03 in Casablanca and EUR 9.70 (MAD 112.50) in Paris; shares held moved from 256,068 at the beginning of the month to 241,585 at month-end. The report also lists BCP’s programme characteristics as running from 11/04/2025 to 09/10/2026, with a maximum of 1,500,000 shares (0.17% of share capital), a maximum purchase price of MAD 145 and a minimum sale price of MAD 61, and a maximum 20% liquidity contract.
Moroccan Capital Markets Authority 2025-06-13
Moroccan Capital Market Authority discloses May 2025 share buyback and liquidity contract transactions including Maroc Telecom purchases of 170,356 shares
The Moroccan Capital Market Authority released its May 2025 disclosure on share buyback transactions by listed companies, including Maroc Telecom and BCP. Maroc Telecom's programme, running from July 2024 to January 2026, involves a cap of 10,165,623 shares with specific purchase and sale price limits, while BCP's programme, from April 2025 to October 2026, allows for up to 1,500,000 shares with defined price and liquidity parameters.