PC İletişim Raises Buyback Limits to TL175,000,000 and 5 Million Shares
The company increased its buyback program limits and repurchased 50,364 shares on October 13 at an average price of TL30.41.
Key takeaways
- The buyback fund ceiling rose to TL175,000,000 from TL100,000,000, and its share limit increased to 5 million.
- PC İletişim repurchased 50,364 shares on October 13 at an average price of TL30.41.
PC İletişim ve Medya Hizmetleri raised the maximum funding for its share buyback program to TL175,000,000 from TL100,000,000, and its share limit to 5 million from 2,850,000. The company also repurchased 50,364 PCILT shares on October 13 at an average price of TL30.41 each, according to its KAP disclosure.
The revised maximum share amount equals 4.22476% of the company’s issued capital. The program runs from September 14, 2026, to September 13, 2027, and is funded from the company’s own equity, the filing says.
A buyback means the company purchases its own existing shares; it is not a dividend payment or new capital raised from investors. The revised limits are program ceilings, not amounts the company has already spent or shares it has already bought.
This article was produced with the help of AI technology. Source: Yahoo Finance
