Gipta Adds 7,000 Shares to Its Buyback Holdings
The company bought 7,000 shares for TRY 197,400, under a one-year program that permits up to TRY 350,000,000 in buybacks.
Key takeaways
- Gipta bought 7,000 shares at TRY 28.20 each on Oct. 13.
- Its one-year buyback program allows up to TRY 350,000,000 in purchases.
Gipta bought back 7,000 of its shares on Oct. 13 at TRY 28.20 each, paying TRY 197,400. The company said its holdings reached 0.2182% of its capital after the transaction.
The KAP filing says the one-year program runs from Sept. 28, 2026, to Sept. 28, 2027. It allows purchases of up to 10 million nominal shares, with TRY 350,000,000 allocated to the program. These are program limits, not amounts the filing says have already been spent.
A company buyback means the company purchases its own existing shares; it does not raise new capital. As of 15:05 UTC on Oct. 13, GIPTA shares traded at TRY 28.12, down 2.23% from the previous close.
This article was produced with the help of AI technology. Source: Yahoo Finance
