Nicosia, Cyprus. Demetra Holdings Plc said it repurchased 5,500 of its own shares at €1.535 per share during Wednesday’s trading session. The company said the transaction was executed through Cyprus Investment and Securities Corporation Ltd (CISCO).
Transaction details
Demetra Holdings said the buyback was carried out in line with the regulations of the Cyprus Stock Exchange and circulars issued by the Cyprus Securities and Exchange Commission. It said the repurchase formed part of its approved own share buyback programme.
Authorisation and legal basis
The company said the transaction was based on authorisation granted by the annual general meeting held on June 24, 2025. It added that the buyback was carried out in accordance with the Companies Law Chapter 113 Article 57A.
Buyer and price
Demetra Holdings said it was the buyer in the transaction and that all 5,500 shares were acquired at the same price of €1.535 per share.
What details has Demetra Holdings provided about the authorisation and regulatory framework for this buyback?
