Cyprus Cement Public Company Ltd has successfully completed its latest share buyback, acquiring 1,790 of its own shares at a price of €1.33 each, totalling €2,380.70. This transaction was executed through ProChoice Chrimatistiriaki Ltd on July 17, 2026, following approval at an extraordinary general meeting of shareholders held on June 18, 2026.
The share buyback reflects the company’s commitment to enhancing shareholder value and is part of a broader strategy approved by its investors. The company has ensured that this transaction complies with the relevant regulations of the Cyprus Stock Exchange and adheres to guidelines set forth by the Cyprus Securities and Exchange Commission (CySEC), as well as Article 57A of the Companies Law, Cap 113.
Prior to this buyback, Cyprus Cement had disclosed an earlier acquisition of 1,780 shares at €1.32 each on July 20, 2026, with a total value of €2,349.60. These transactions are part of the authority granted to the company by its shareholders and are conducted within the established regulatory framework.
Cyprus Cement’s ongoing share buybacks highlight its proactive approach to managing its capital structure and responding to market conditions, aiming to bolster investor confidence and align with strategic financial objectives.
