Oylum Buys Back Shares Worth 226,281 TL Nominal Value
The company bought OYLUM shares on Oct. 13 under its three-year buyback program, bringing its holdings to 3,120,509 nominal TL.
Key takeaways
- Oylum bought back 226,281 TL nominal value of shares on Oct. 13.
- The program’s repurchased shares now total 3,120,509 TL nominal value, or 3.6712% of capital.
Oylum Sınai Yatırımlar bought back 226,281 TL nominal value of its shares on Oct. 13, at prices ranging from 6.65 TL to 6.75 TL per share, according to its KAP disclosure.
The purchases were made under a buyback program launched by a board decision on Aug. 29, 2024. The program runs for three years and allows repurchases of up to 4,250,000 TL nominal value of shares, with 40,000,000 TL allocated to the program.
After the latest transactions, the company’s repurchased shares reached 3,120,509 TL nominal value, equal to 3.6712% of its capital. A buyback means the company purchases its own existing shares; it is not a dividend payment or new capital for the company.
This article was produced with the help of AI technology. Source: Yahoo Finance
