TUREX Buys 804,618 Shares Under Its Buyback Plan
The company said its holdings reached 26,369,202 shares, or 2.44156% of its capital, after the October 13 purchase.
Key takeaways
- TUREX bought back 804,618 shares on October 13 at an average price of 5.7691 TL.
- The company reported holdings of 26,369,202 shares, equal to 2.44156% of its capital.
TUREKS Turizm Taşımacılık bought back 804,618 of its shares on October 13 at an average price of 5.7691 TL, the company said in a KAP disclosure. Its holdings of TUREX shares reached 26,369,202, or 2.44156% of the company’s capital.
The purchases are part of a buyback program approved by the board on September 23, 2026. The program runs for three years, through September 23, 2029, and allows for up to 50,000,000 nominal TL of shares, with 200,000,000 TL allocated to fund the buybacks.
A buyback means the company purchases its own existing shares; it is not a dividend payment. The disclosure reports the latest purchase and cumulative holdings, but does not say how much of the allocated fund has been used.
This article was produced with the help of AI technology. Source: Yahoo Finance
