Ekinciler Steel Buys Back 199,147 Shares Under Program
The Oct. 12 purchase lifted shares repurchased under the one-year program to 1,895,097, or 0.5922% of issued capital.
Key takeaways
- Ekinciler bought back 199,147 shares on Oct. 12 at an average price of TRY 28.70.
- The program has repurchased 1,895,097 shares, equal to 0.5922% of issued capital.
Ekinciler Demir ve Çelik Sanayi bought back 199,147 EKDMR shares on Oct. 12, at an average price of TRY 28.70 each. The shares represented 0.0622% of the company’s capital.
The company said in its KAP filing that the purchase was part of a buyback program launched on Sept. 22 and revised on Oct. 6. Under the program, which runs for one year, the company may repurchase up to 5 million nominal shares, with TRY 350,000,000 allocated.
The Oct. 12 transaction brought total repurchases under the program to 1,895,097 shares, or 0.5922% of issued capital. A buyback means the company purchases its existing shares, changing ownership rather than bringing new capital into the company.
This article was produced with the help of AI technology. Source: Yahoo Finance
