Demetra Holdings executes buyback of 6,565 shares at €1.42 each
Nicosia, Cyprus. Demetra Holdings PLC said it executed a purchase of 6,565 of its own shares on April 29 under regulatory frameworks and a mandate from its last annual general meeting.
Transaction details
The company said the purchase was carried out through the Cyprus Investment and Securities Corporation Ltd (CISCO) at a uniform price of €1.42 per share.
Breakdown of purchases
Demetra Holdings said the total acquisition was divided into five transactions on the same day. It purchased 2,002 shares in the first transaction, followed by 3,225 shares in the second.
It said three additional batches of 250, 325 and 763 shares were processed during the session, bringing the aggregate total to 6,565 shares.
How do you expect share buybacks such as this to affect a company’s stock and capital structure?
This news item was generated automatically by Cyprus Inform from publicly available materials. Report an error →
