Meysu Buys 650,000 Shares in October 9 Buyback
The company spent TL 5,444,000 on the purchase, bringing its stated buyback holdings to 4,139,169 shares.
Key takeaways
- Meysu bought 650,000 of its own shares on October 9 for TL 5,444,000.
- The company said its total repurchased shares reached 4,139,169, equal to 0.47% of its capital.
Meysu Gıda bought back 650,000 of its own shares on October 9 for TL 5,444,000, the company said in a KAP disclosure. It reported that total repurchased shares reached 4,139,169, or 0.47% of its capital.
A buyback means the company purchases its existing shares; it is not a dividend payment or new capital for the company. The latest purchases were made under a program approved by the board on September 21.
The program runs through December 21 and sets a maximum of 10 million nominal shares, with TL 100,000,000 allocated. Those are program limits, not a statement that all the shares will be bought.
This article was produced with the help of AI technology. Source: Yahoo Finance
