Söke Değirmencilik buys back 954,684 shares on Oct. 9
The company reported purchases at 7.87 to 8.11 lira under a program with a 210,000,000 lira fund allocation.
Key takeaways
- Söke Değirmencilik repurchased 954,684 shares on Oct. 9 at prices from 7.87 to 8.11 lira.
- The program has a 30 million lira nominal-value ceiling and a 210,000,000 lira fund allocation.
Söke Değirmencilik repurchased 954,684 of its shares on Oct. 9, at prices ranging from 7.87 to 8.11 lira, the company reported in a KAP filing.
The purchases were made under a buyback program launched following a board decision dated Oct. 5. The program has a maximum nominal share value of 30 million lira and a fund allocation of 210,000,000 lira. It is set to run for one year from public disclosure of the board decision.
A buyback means the company purchases its own existing shares. It changes ownership rather than providing new capital to the company, and is not a dividend payment.
This article was produced with the help of AI technology. Source: Yahoo Finance
