Nicosia, Cyprus. Cyprus Cement Public Company Ltd announced that it has completed a share buyback transaction, purchasing 1,488 of its own shares under a prior shareholder decision and applicable corporate legislation.
Transaction details
The company said the shares were acquired at a price of €1.305 each, for a total transaction value of €1,941.84.
Regulatory framework
According to the company, the transaction was carried out in line with relevant Cyprus Stock Exchange regulations and Cyprus Securities and Exchange Commission circulars, as well as the provisions of Companies Law Cap 113 Article 57A.
Shareholder authorisation
The buyback followed a resolution approved at the extraordinary general meeting of shareholders held on June 26, 2025, authorising the company to proceed with the acquisition of its own shares.
Execution of the purchase
The transaction took place during a board meeting on June 5, 2026, through ProChoice Chrimatistiriaki Ltd, which executed the purchase on behalf of the company.