
TUREX bought back 483,948 shares on Oct. 12, bringing its treasury holdings to 25,564,584 under a three-year program.
Tureks Turizm Taşımacılık bought back 483,948 of its own shares on Oct. 12 at an average price of 5.8614 lira, according to a KAP disclosure. The company said its TUREX holdings reached 25,564,584 shares, equal to 2.36706% of its capital.
The purchases are under a board decision dated Sept. 23, 2026. The three-year program runs through Sept. 23, 2029, with a maximum repurchase amount of 50,000,000 lira nominal value and 200,000,000 lira allocated to the program.
A buyback means the company purchases existing shares rather than issuing new ones or paying a dividend. The disclosure reports the latest purchase and cumulative holdings; it does not say that the program limit or allocated funds have been fully used.
This article was produced with the help of AI technology. Source: Yahoo Finance