Demetra Holdings has repurchased 7,700 of its own shares at a price of 1.635 cents, as announced on Wednesday. This strategic buyback reflects the company’s commitment to enhancing shareholder value.
- Demetra Holdings has repurchased 7,700 of its own shares at a price of 1.635 cents, as announced on Wednesday. This strategic buyback reflects the company's commitment to enhancing shareholder value.
The transaction took place through the Cyprus Investment and Securities Corporation Ltd (CISCO), adhering to the authorisation granted during the company’s annual general meeting on June 24, 2025. This move aligns with Demetra’s broader strategy to manage its capital structure effectively.
Executed under the regulations of the Cyprus Stock Exchange and following the guidelines set by the Cyprus Securities and Exchange Commission, the repurchase demonstrates a proactive approach to market conditions.
The shares were acquired in ten separate transactions on the same day, showcasing a methodical approach to the buyback process. In the initial transaction, Demetra Holdings purchased 2,446 shares at the fixed price of 1.635 cents each. This was followed by a second acquisition of 2,245 shares at the same price.
Subsequent purchases included smaller increments of shares—109, 737, 200, 255, 888, 388, 263, and 169—each at the identical price point of 1.635 cents. The detailed execution of these transactions reflects a careful strategy to manage the buyback without significantly disturbing market prices.
According to the company, the total number of shares bought back amounted to 7,700, all executed through CISCO on October 27, 2025. This buyback initiative is part of ongoing efforts to optimise the company’s share distribution and potentially increase the value of remaining shares for investors.
