Egeyapi Buys Back 134,596 Shares in Latest Program Update
Egeyapi said it repurchased 134,596 shares on Oct. 12, bringing the shares held under the program to 3.26441% of capital.
Key takeaways
- Egeyapi repurchased 134,596 shares for TL 2,308,394 on Oct. 12.
- Shares held by the company reached 3.26441% of its capital.
Egeyapi Avrupa Gayrimenkul Yatırım Ortaklığı repurchased 134,596 of its own shares for TL 2,308,394 on Oct. 12, according to a company disclosure to KAP. The shares held by the company reached 3.26441% of its capital.
The buyback is part of a program launched under a board decision dated Sept. 1. The program covers up to 13,500,000 nominal shares, with a maximum amount of TL 400,000,000.
A buyback means the company purchases its existing shares; it is not a dividend payment to shareholders. Egeyapi said the program aims to limit excessive price fluctuations and protect shareholders’ interests.
This article was produced with the help of AI technology. Source: Yahoo Finance
