Savur GYO Buys Another 1 Million Lira Nominal Value of Shares
The company said its buyback holdings reached 5250000 lira nominal value, within a program capped at 37500000 lira.
Key takeaways
- Savur GYO bought shares with 1 million lira nominal value on Oct. 13.
- Its buyback holdings reached 5250000 lira nominal value, or 0.48476% of capital.
Savur Gayrimenkul Yatırım Ortaklığı bought its own shares with 1 million lira nominal value on Oct. 13, according to a KAP filing. The company said its holdings under the buyback program reached 5250000 lira nominal value, equal to 0.48476% of its capital.
The program, approved by the board on Oct. 2, covers calendar years 2026 and 2027. It allows purchases of up to 37500000 lira nominal value of shares, with 150000000 lira allocated for the buyback.
A buyback means the company purchases existing shares rather than issuing new shares or paying a dividend. The filing does not say how much of the allocated funds has been used.
This article was produced with the help of AI technology. Source: Yahoo Finance
