Mopaş Buys Back 200,000 Shares Under Existing Program
The company paid an average of 17.68 lira per share in its latest buyback, bringing program purchases to 200,000 shares.
Key takeaways
- Mopaş bought back 200,000 shares on Oct. 12 at a weighted average price of 17.68 lira.
- The shares bought under the program equal 0.07326% of the company’s issued capital.
Mopaş Marketçilik Gıda Sanayi ve Ticaret said it bought back 200,000 of its shares on Oct. 12 at a weighted average price of 17.68 lira. The company reported the transaction in a KAP filing.
The purchase brings the total bought under the program to 200,000 shares, equal to 0.07326% of Mopaş’s issued capital of 273000000 lira. A buyback means the company purchases its own existing shares, rather than issuing new shares or paying a dividend.
The program, approved by the board on May 26, 2025, runs through May 26, 2028. It allows repurchases of up to 15 million nominal shares and has a total allocated fund of 600000000 lira.
This article was produced with the help of AI technology. Source: Yahoo Finance