Cyprus Cement Buys Back Own Shares on CSE
The Cyprus Cement Public Company Ltd announced on Thursday that it purchased a portion of its own equity through the Cyprus Stock Exchange (CSE. During the session held on June 10, 2026, the company successfully finalised the purchase of 1,660 own shares The shares were acquired at a price of €1.30 per share, which represents a total transaction value of €2,158. The company carried out the transaction in compliance with the relevant regulations of the Cyprus Stock Exchange an
Cyprus Cement Public Company Ltd has completed the repurchase of a portion of its own stock. The transaction, which took place on June 10, 2026, involved the acquisition of 1,660 shares through the Cyprus Stock Exchange. Each share was bought for €1.30, amounting to a total expenditure of €2,158. The company confirmed that the buyback adhered to all relevant Cyprus Stock Exchange regulations and directives from the Cyprus Securities and Exchange Commission. This share repurchase was carried out as per the authorization received from shareholders during an extraordinary general meeting on June 26, 2025.
This share buyback indicates the company's confidence in its own valuation and can potentially increase earnings per share for remaining shareholders.
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