PC İletişim Buys Back 103,550 Shares Under Its Program
The company repurchased shares on October 12 at an average 30.242 lira each, within a one-year program capped at 2850000 shares.
Key takeaways
- PC İletişim repurchased 103,550 shares on October 12 at an average 30.242 lira each.
- The one-year program allows repurchases of up to 2850000 shares, with 100000000 lira allocated.
PC İletişim ve Medya Hizmetleri repurchased 103,550 of its shares on October 12 at an average price of 30.242 lira each, according to the company’s KAP disclosure. The purchase was made under a buyback program launched by a board decision on September 14.
The program runs through September 13, 2027, and permits the company to buy back up to 2850000 shares. It has allocated 100000000 lira to the program. Before the October 12 transaction, the filing listed 1,077,640 shares as previously repurchased.
A buyback means the company purchases its own existing shares, rather than paying a dividend to shareholders. The disclosure reports the latest transaction but does not state how much of the allocated fund has been spent.
This article was produced with the help of AI technology. Source: Yahoo Finance
