AAGYO Adds 170,000 Shares to Its Buyback Holdings
The company reported purchases on October 13, bringing its treasury-share holdings to 6,695,098, or 0.955% of share capital.
Key takeaways
- AAGYO bought back 170,000 shares on October 13 at prices from TL 8.55 to TL 8.69.
- The company said its holdings reached 6,695,098 shares, equal to 0.955% of share capital.
Ağaoğlu Avrasya Gayrimenkul Yatırım Ortaklığı bought back 170,000 of its shares on October 13, at prices ranging from TL 8.55 to TL 8.69, the company reported to KAP. Its holdings of its own shares reached 6,695,098, equal to 0.955% of share capital.
The purchases are part of a buyback program launched under a September 29 board decision. That decision set a maximum purchase amount of TL 250,000,000 and a target of 11,848,341 shares.
A buyback means the company purchases its own existing shares, rather than issuing new shares to raise capital or paying a dividend. The company said the program aims to protect shareholder interests, support the orderly and stable formation of the share price, and bolster investor confidence.
This article was produced with the help of AI technology. Source: Yahoo Finance
