Cyprus Cement completes small-scale share buyback
The Cyprus Cement Public Company Ltd announced this week that it has proceeded with a share buyback transaction , purchasing its own shares in line with a prior shareholder decision and applicable corporate legislation. The company said the transaction was carried out in accordance with the relevant Cyprus Stock Exchange regulations and Cyprus Securities and Exchange Commission circulars , as well as under the provisions of Companies Law Cap 113 Article 57A . The buyback foll
The Cyprus Cement Public Company Ltd recently executed a minor share repurchase program, acquiring 1,488 of its own shares. The transaction was finalized at a price of €1.305 per share, resulting in a total expenditure of €1,941.84. This move was conducted through ProChoice Chrimatistiriaki Ltd during a board meeting held on June 5, 2026. The company confirmed that the purchase adhered to all relevant regulatory frameworks, including Cyprus Stock Exchange rules and national corporate legislation. This action was officially authorized by shareholders during an extraordinary general meeting that took place on June 26, 2025.
The buyback demonstrates the company's commitment to executing shareholder-approved capital management strategies while maintaining strict compliance with local financial regulations.
📌 Kaynak
Bu özet Cyprus Mail kaynağından otomatik derlenmiştir. Tamamı için orijinal habere gidin.
Orijinal haberi oku →