IDH Announces Delay in Share Removal Process

Integrated Diagnostics Holdings (GB:IDHC) has released an update.

Integrated Diagnostics Holdings (IDH) has announced a delay in the process of removing repurchased shares from the Misr for Central Clearing, Depository and Registry (MCDR) to be held as treasury shares, with completion now expected later in September 2024 instead of the initially anticipated early September. The delay follows the company’s buyback of over 18 million shares on the Egyptian Exchange. IDH, a reputable provider of diagnostic services in the Middle East and Africa, continues to expand its reach through strategic acquisitions and its Hub, Spoke, and Spike business model.

For further insights into GB:IDHC stock, check out TipRanks’ Stock Analysis page.