Pioneers Holding Company for Financial Investment SAE is a public shareholding company that operates in the financial services and securities brokerage sector. The Company is engaged in the provision of comprehensive financial services for both retail and institutional investors, including brokerage services covering public and private sectors in restructuring, mergers, issuing of equity and debt capital, and market research. It also provides portfolio management services and financial investment consulting and updates. It offers its services through 34 offices across the Middle East and North Africa region. The Company.s subsidiaries primarily operate in the financial services, foreign exchange and securities brokerage sectors.
Financial Performance:
Pioneers Holding Company sent a release to Egyptian Exchange (EGX), stating that in its May 7th meeting, the company.s BOD approved to buy back 7,586,067 treasury stocks in order to complete the buyback program to support company.s share price in the market. The move also aims to enhance company.s performance and increase stock profitability and expected revenue.