Ahlatcı Doğal Gaz Buys Back 926,704 Shares
The company reported another buyback under its September program, bringing its total holdings of AHGAZ shares to 86,216,905.
Key takeaways
- Ahlatcı Doğal Gaz bought back 926,704 shares on October 13 at a weighted average price of TL48.102.
- The company said its total AHGAZ holdings reached 86,216,905 shares, or 3.3160% of capital.
Ahlatcı Doğal Gaz bought back 926,704 of its shares on October 13, at a weighted average price of TL48.102 per share, according to a KAP disclosure by the company.
The purchase was made under a board-approved program dated September 17, which authorizes buybacks of up to 50,000,000 nominal shares and a maximum payment of TL2 billion. The company said it aims to protect shareholders and support stable pricing that reflects the shares’ fair value.
A buyback means the company purchases its existing shares; it is not a dividend payment or new capital raised from investors. Including shares acquired under earlier board decisions, the company said its AHGAZ holdings reached 86,216,905 shares, equal to 3.3160% of its capital.
This article was produced with the help of AI technology. Source: Yahoo Finance
