Nicosia, Cyprus. Demetra Holdings Plc said it repurchased 7,990 of its own shares on March 3 as part of its capital management strategy. The company said the transaction complied with Cyprus Stock Exchange regulations and CySEC circulars.
Regulatory and corporate authorisation
The company said the repurchase was carried out in full compliance with the relevant Regulations of the Cyprus Stock Exchange and the Circulars issued by the Cyprus Securities and Exchange Commission. It added that the action was taken under the formal authorisation of the Annual General Meeting held on June 24, 2025.
Board action and legal basis
Demetra Holdings said its board acted pursuant to the Companies Law, Cap.113, Article 57A, during its scheduled meeting on March 3, 2026.
Execution and transaction details
To execute the market order, the company said it proceeded through the Cyprus Investment & Securities Corporation Ltd, known as Cisco. It said the acquisition comprised two transactions: 7,913 shares at 1.42 cents and 77 shares at 1.42 cents, both on March 3, bringing a total of 7,990 shares into the company’s treasury.
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