Masfen Enerji Buys Back 1,727,000 Shares on Oct. 13
The latest purchase brings shares bought under the company’s six-month buyback program to 6.10 million, or 1.09986% of its capital.
Key takeaways
- Masfen Enerji bought back 1,727,000 shares on Oct. 13 at a weighted average price of TL 36.498.
- Total shares repurchased under the program reached 6,104,298, equal to 1.09986% of the company’s capital.
Masfen Enerji bought back 1,727,000 of its shares on Borsa Istanbul on Oct. 13, at a weighted average price of TL 36.498 per share, the company said in a KAP disclosure. The purchase brings total shares repurchased under the program to 6,104,298, equal to 1.09986% of the company’s capital.
The board launched the six-month program on Sept. 18. It covers a maximum of 12 million shares, with TL 600000000 allocated, and is scheduled to run from Sept. 21, 2026, to March 21, 2027.
A buyback means the company purchases existing shares; it is not a dividend payment. The disclosure reports the latest transaction and cumulative purchases, not completion of the program.
This article was produced with the help of AI technology. Source: Yahoo Finance
