
The company said its October 13 purchase brought buybacks under the one-year program to 1,541,630 shares, or 0.455% of issued capital.
Orzaks bought back 265,000 of its own shares on October 13, at a weighted average price of 68.54 lira per share, according to its KAP disclosure. The purchase was made under a program launched by the company’s board on September 17.
The company said total repurchases under the program reached 1,541,630 shares, or 0.455% of its issued capital. The program allows buybacks of up to 2500000 shares and has a maximum duration of one year from September 17, 2026.
A buyback means Orzaks purchases existing shares; it is not a dividend payment or new capital for the company. The disclosure reports the latest transaction but does not specify a further purchase date.
This article was produced with the help of AI technology. Source: Yahoo Finance