Markets News
Stocks1 min read
TUREX Adds 183,870 Shares to Its Buyback Holdings
The company said it bought 183,870 shares on Oct. 9, bringing its reported holdings to 25,080,636 shares.
Key takeaways
- TUREX bought 183,870 of its shares on Oct. 9 at an average price of 5.8935 lira.
- The company reported holdings of 25,080,636 shares, equal to 2.32225% of its capital.
TUREKS Turizm Taşımacılık bought back 183,870 of its shares on Oct. 9 at an average price of 5.8935 lira, according to its KAP disclosure. The company said its holdings reached 25,080,636 shares, or 2.32225% of its capital.
The purchase was made under a board-approved program running from Sept. 23, 2026, to Sept. 23, 2029. The program sets a maximum buyback of 50,000,000 nominal TL in shares and a total allocated fund of 200,000,000 TL.
A buyback means the company purchases existing shares, changing its holdings rather than paying a dividend to shareholders.
Topics
Further reading
This article was produced with the help of AI technology. Source: Yahoo Finance
