EKIM Buys Back 5,881,237 Shares in Latest Session
The company says its October 13 purchases brought total shares repurchased under the program to 22,597,643, or 2.72% of capital.
Key takeaways
- EKIM repurchased 5,881,237 shares on October 13 at a weighted average price of TL 19.5784.
- The company says cumulative buybacks reached 22,597,643 shares, equal to 2.72% of its capital.
EKIM repurchased 5,881,237 of its own shares on October 13, at a weighted average price of TL 19.5784, the company said in a KAP disclosure. The purchases were made at prices ranging from TL 18.26 to TL 20.54.
The company said the October 13 purchases were part of a buyback program approved by its board on July 14. It cited contributing to healthy price formation in the share market as the program’s purpose.
EKIM said total shares repurchased under the program had reached 22,597,643, or 2.72% of its capital. A buyback means the company buys existing shares; it is not a dividend payment to shareholders.
This article was produced with the help of AI technology. Source: Yahoo Finance
