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DCT Trading Buys 128,600 Shares in Latest Buyback
The company says its holdings reached 3,221,075 shares, equal to 0.83% of capital, after purchases on Oct. 12.
Key takeaways
- DCT Trading bought back 128,600 shares on Oct. 12 at an average price of 3.51 lira.
- The company said its total holdings reached 3,221,075 shares, or 0.83% of its capital.
DCT Trading bought back 128,600 of its shares on Oct. 12 at an average price of 3.51 lira, according to its KAP disclosure. The company said its holdings reached 3,221,075 shares, or 0.83% of its capital, including shares bought under a buyback program that has since ended.
DCT Trading said the program was intended to protect shareholders and support healthy price formation amid recent developments in Turkey’s capital markets. A buyback means the company purchases its own existing shares; it does not raise new capital for the business.
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This article was produced with the help of AI technology. Source: Yahoo Finance
