Çitlekçi Buys 362,473 Shares in Latest Buyback
The company reported an October 12 purchase under its buyback decision, bringing its reported holding to 7,959,116 shares.
Key takeaways
- Çitlekçi bought 362,473 shares on October 12 at prices ranging from TL108.50 to TL120.00.
- After the transaction, the company reported holding 7,959,116 shares, equal to 4.422% of its capital.
Çitlekçi Mağazacılık Gıda bought back 362,473 of its shares on October 12, at prices ranging from TL108.50 to TL120.00, according to its KAP disclosure. The company said the purchase represented 0.20137% of its capital.
The transaction was made under a September 18 board decision that set a maximum buyback amount of 10 million nominal shares and TL1 billion. After the latest purchase, the company reported holding 7,959,116 shares, or 4.422% of its capital.
A buyback means the company purchases existing shares; it is not a dividend payment or new capital raised for the business. The company said the program aims to support share-price stability and protect stakeholders’ interests.
This article was produced with the help of AI technology. Source: Yahoo Finance
