Ağaoğlu Avrasya Buys 900,000 Shares in Buyback Program
The company said its treasury holdings reached 6,525,098 shares after purchases on Oct. 12 at prices between 8.69 and 9.03 lira.
Key takeaways
- Ağaoğlu Avrasya bought 900,000 shares on Oct. 12 at 8.69 to 9.03 lira each.
- The company reported holding 6,525,098 of its own shares, equal to 0.931% of its capital.
Ağaoğlu Avrasya Gayrimenkul Yatırım Ortaklığı bought back 900,000 of its shares on Oct. 12, paying between 8.69 and 9.03 lira per share, the company said in a KAP disclosure. The purchases were part of a program launched under a Sept. 29 board decision.
After the latest purchases, the company held 6,525,098 of its own shares, equal to 0.931% of its capital. The board decision set a nominal share amount of 11,848,341 and a maximum payment of 250,000,000 lira.
The company said the buyback aims to protect shareholder interests, support stable share-price formation and strengthen investor confidence. A buyback means the company purchases existing shares; it is not a dividend payment or new capital raised from investors.
This article was produced with the help of AI technology. Source: Yahoo Finance
