ORGE Buys Back Shares Worth 40,000 Lira at Nominal Value
The company says its October 12 buyback brought the nominal value of shares repurchased to 4,145,877 lira.
Key takeaways
- ORGE repurchased shares with a nominal value of 40,000 lira on October 12.
- The company reported total repurchased shares with a nominal value of 4,145,877 lira after the transaction.
ORGE Enerji Elektrik Taahhüt repurchased its shares with a total nominal value of 40,000 lira on October 12, at prices between 22.60 and 23.00 lira per share, the company reported to KAP.
After the transaction, the nominal value of shares repurchased under the program stood at 4,145,877 lira, equal to 1.036% of the company’s capital, according to ORGE.
The buyback uses the company’s funds to purchase existing shares; it is not a dividend payment or new capital for the company. Shareholders approved the program at the May 27, 2025 general meeting. It allows repurchases for up to three years, with a maximum nominal amount of 15 million lira and a fund limit of 300,000,000 lira.
This article was produced with the help of AI technology. Source: Yahoo Finance
