Pasifik Teknoloji’s Buybacks Reach 4540033 Shares
The company repurchased 2500000 shares on Oct. 13, bringing its total program purchases to 0.6727% of capital.
Key takeaways
- Pasifik Teknoloji bought back 2500000 shares at 13.30 lira each on Oct. 13.
- Total shares repurchased under the program reached 4540033, or 0.6727% of capital.
Pasifik Teknoloji bought back 2500000 PATEK shares on Oct. 13 at 13.30 lira per share, according to its KAP disclosure. The purchase brought the program’s total repurchases to 4540033 shares, equal to 0.6727% of the company’s capital as of that date.
The buyback is part of a program launched under a Sept. 23 board decision, scheduled to run through Sept. 23, 2027. The program allows for up to 20 million nominal shares and has a total allocated fund of 500000000 lira.
A buyback means the company purchases its own existing shares; unlike a share issue, it does not bring new capital into the company. The disclosure does not say how much of the allocated fund has been used.
This article was produced with the help of AI technology. Source: Yahoo Finance
