Demetra Holdings Plc has continued its buyback programme by purchasing a total of 5,800 own shares on February 13, 2026. This strategic move reinforces the company’s commitment to enhancing shareholder value.
The transactions were executed through the Cyprus Investment and Securities Corporation (CISCO), which acted as the intermediary for these acquisitions. The decision to proceed with this buyback aligns with the authorisation granted during the annual general meeting held on June 24, 2025.
Buyback programme: Details of the Transactions
The shares were acquired at a uniform price of 1.505 cents per share, showcasing a consistent approach to the buyback strategy. The buyback consisted of four separate transactions, all completed on the same day.
- The first transaction involved the purchase of 3,933 shares.
- A smaller acquisition followed, with the purchase of 200 shares.
- A third batch of 867 shares was secured shortly after.
- The final transaction concluded the day’s activities with the acquisition of 800 shares.
This cumulative effort brought the total number of shares acquired during the buyback on February 13 to 5,800, all at the same price level.
Legal Framework and Authorisation
The operations were conducted in accordance with the Companies Law, specifically under Cap.113, Article 57A. This legal backing provides a framework within which Demetra Holdings can execute its buyback programme effectively.
By adhering to the regulations and the prior authorisation from shareholders, Demetra Holdings demonstrates both transparency and a commitment to upholding corporate governance standards.
Implications for Shareholders
The continuation of the buyback programme signals confidence in the company’s financial health and future prospects. For shareholders, such actions can potentially lead to an increase in share value and a more favourable return on investment.
As the company strategically manages its capital, stakeholders may view this buyback as a proactive measure in a fluctuating market environment.
