Lokman Hekim Buyback Adds 30,000 Shares to Treasury
The company said its October 12 purchase brought its holding of its own shares to 6.09% under a buyback program running through March 2028.
Key takeaways
- Lokman Hekim bought 30,000 of its own shares on October 12 at prices from TL10.96 to TL11.04.
- The company said its holding of its own shares reached 6.09% of its capital.
Lokman Hekim bought 30,000 of its own shares on October 12, at prices between TL10.96 and TL11.04, according to a KAP filing. The company said its holding of its own shares reached 6.09% of its capital.
The purchase falls under a three-year buyback program set by a board decision dated February 19, 2025. The program is scheduled to run from March 16, 2025, to March 16, 2028, with a maximum of 21600000 nominal shares, or 10% of capital, and a total allocated fund of TL1200000000.
A buyback means the company purchases existing shares rather than issuing new shares to raise capital. It is not a dividend payment.
This article was produced with the help of AI technology. Source: Yahoo Finance
