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Meysu Buys Back 910,000 Shares in Latest Program Update
The company bought 910,000 B-group shares on Oct. 12, bringing its repurchased holdings to 5,049,169 shares.
Key takeaways
- Meysu bought back 910,000 shares on Oct. 12 for TL 7,314,300.
- Its total repurchased shares reached 5,049,169, equal to 0.57% of company capital.
Meysu bought back 910,000 of its B-group shares on Oct. 12 for TL 7,314,300, the company said in a KAP filing. The purchases brought its total repurchased shares to 5,049,169, or 0.57% of its capital.
A buyback means the company purchases its own existing shares. It is different from a dividend payment to shareholders.
The program, based on a board decision dated Sept. 21, runs through Dec. 21. It allows for buybacks of up to 10,000,000 nominal shares, with TL 100,000,000 allocated to the program.
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This article was produced with the help of AI technology. Source: Yahoo Finance
