Gedik Yatırım Adds 773,458 Shares to Buyback Holdings
The company said its Oct. 13 repurchase brought shares held under the current program to 12,830,453.
Key takeaways
- Gedik repurchased 773,458 shares on Oct. 13 at an average 4.87 lira.
- Shares held under the current program reached 12,830,453, or 0.6415% of capital.
Gedik Yatırım Menkul Değerler repurchased 773,458 of its shares on Oct. 13 at an average price of 4.87 lira, according to a KAP filing by the company. The reported price range was 4.83 to 4.90 lira.
The company said its shares held under the buyback program reached 12,830,453, equal to 0.6415% of its capital. The program allows repurchases of up to 100,000,000 nominal lira in shares, or 5% of capital, and has a 700,000,000 lira fund allocation.
Including shares bought back under earlier board decisions, the company said its holdings totaled 87,212,391.386 shares, or 4.3606% of capital.
A buyback means the company purchases its existing shares; it is not a dividend payment. The program runs from Sept. 18, 2026, to Sept. 18, 2029.
This article was produced with the help of AI technology. Source: Yahoo Finance
