Demetra Holdings has announced the buyback of 2,351 of its own shares, reflecting the company’s ongoing strategy to manage its equity. The repurchase, disclosed on Thursday, involved transactions executed at a price of 1.685 cents per share, according to filings with the Cyprus Stock Exchange (CSE).
- The shares were purchased through The Cyprus Investment and Securities Corporation Ltd (CISCO), a move that further indicates Demetra Holdings' proactive management of its capital structure.
- This latest repurchase adds to the company's ongoing efforts to enhance shareholder value, a strategy that resonates with investors aiming for stability and growth in their portfolios.
The buyback was conducted in three separate transactions. The first transaction saw the acquisition of 325 shares, while the second involved 513 shares. The largest portion came from the third transaction, which comprised 1,513 shares.
This recent share repurchase aligns with the company’s commitment to its shareholders and was carried out in compliance with the regulations of the CSE and the guidelines set forth by the Cyprus Securities and Exchange Commission.
Demetra Holdings confirmed that the buyback was authorised during the Annual General Meeting held on June 24, 2025. The transaction adhered to the stipulations of the Companies Law, Chapter 113, Article 57A, ensuring all legal frameworks were respected.
The shares were purchased through The Cyprus Investment and Securities Corporation Ltd (CISCO), a move that further indicates Demetra Holdings’ proactive management of its capital structure.
This latest repurchase adds to the company’s ongoing efforts to enhance shareholder value, a strategy that resonates with investors aiming for stability and growth in their portfolios.
