
The latest transaction brought Orge Enerji’s reported buyback holdings to 4,405,877 lira nominal, equal to 1.101% of capital.
Orge Enerji repurchased shares with a total nominal value of 260,000 lira on Oct. 13, at prices ranging from 22.42 to 22.88 lira per share, according to its KAP disclosure.
The company said the transaction brought its total repurchased shares to 4,405,877 lira nominal, equal to 1.101% of its capital. The buyback is being carried out under a program approved by shareholders on May 27, 2025.
A buyback means the company purchases its own existing shares; it is not a dividend payment. The program allows repurchases of up to 15 million lira nominal and has a 300,000,000 lira fund allocation. It can run for up to three years from shareholder approval.
This article was produced with the help of AI technology. Source: Yahoo Finance