Share Buyback Programs: BCP and Maroc Telecom Activity in August 2025

The Moroccan Capital Market Authority (AMMC) published August 2025 updates on listed companies’ share buyback programs .

• BCP:

  
  

  • Bought 120,221 shares (avg. MAD 327.55) under its buyback and liquidity contract.

  • Sold 194,110 shares (avg. MAD 330.02).

  • Holdings at end-August: 462,702 shares.

• Maroc Telecom:

  
  

  • Bought 121,666 shares (avg. MAD 121.68).

  • Sold 125,616 shares (avg. MAD 122).

  • Holdings at end-August: 2,050 shares.

These operations illustrate continued use of buybacks for liquidity management, though net holdings remain limited.