Gedik Yatırım buys 897,215 shares under buyback program
The company’s latest purchase brought its holdings under the current program to 12,056,995 shares, according to its KAP filing.
Key takeaways
- Gedik Yatırım bought 897,215 shares on Oct. 12 at an average price of TL 4.941.
- Its holdings under the current buyback program reached 12,056,995 shares, or 0.6028% of capital.
Gedik Yatırım bought back 897,215 of its shares on Oct. 12 at an average price of TL 4.941, the company reported to KAP. The shares traded within a range of TL 4.89 to TL 5.00.
The purchase brought the company’s holdings under its current buyback program to 12,056,995 shares, equal to 0.6028% of its capital. Including shares bought under earlier board decisions, Gedik Yatırım said it held 86,438,933.386 shares, or 4.3219% of capital.
The program, approved by the board on Sept. 18, 2026, runs for three years and allows purchases of up to 100000000 nominal shares, with TL 700000000 allocated. A buyback means the company purchases its own existing shares; it is not a dividend payment to shareholders.
This article was produced with the help of AI technology. Source: Yahoo Finance
