Demetra Holdings buys 16,310 own shares in latest transaction
Demetra Holdings Plc on Tuesday announced that it conducted a series of transactions on June 8, purchasing 16,310 own shares at a price of €1.65 per share. The repurchase of these shares was executed through the Cyprus Investment & Securities Corp Ltd (CISCO), as part of the company’s ongoing capital management strategy. The first transaction saw the firm acquire 6,310 shares, followed by a second purchase of 5,000 shares, both completed on the same day. Two further transacti
Demetra Holdings Plc has completed the acquisition of 16,310 of its own shares in recent market activity. The company executed these share repurchases on June 8, with each share bought at a price of €1.65. These transactions were facilitated by Cyprus Investment & Securities Corp Ltd (CISCO) and are part of Demetra Holdings' broader capital management strategy. The purchases were conducted through multiple transactions throughout the day, totaling the announced volume.
This share repurchase indicates the company's confidence in its own valuation and is a move to manage its capital structure.
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