Masfen Enerji Adds 377,500 Shares to Its Buyback
The company says cumulative repurchases under its six-month program reached 4,377,298 shares, or 0.78869% of capital.
Key takeaways
- Masfen Enerji repurchased 377,500 shares on Oct. 12 at a weighted average 36.974 lira each.
- The company says total program repurchases reached 4,377,298 shares, equal to 0.78869% of its capital.
Masfen Enerji repurchased 377,500 of its shares on Oct. 12, at a weighted average price of 36.974 lira per share, according to its KAP filing. The company said total purchases under the program reached 4,377,298 shares, or 0.78869% of its capital.
The six-month program, approved by the board on Sept. 18, allows for purchases of up to 12 million shares and has a 600,000,000 lira fund allocation. A buyback means the company purchases its existing shares; it is not a dividend payment or new capital raised for the company.
As of 14:57 UTC on Oct. 12, the shares traded at 36.60 lira, down 3.79% from the previous close.
This article was produced with the help of AI technology. Source: Yahoo Finance
