Demetra Holdings buys back 5,500 of its own shares
Demetra Holdings Plc announced on Wednesday that it repurchased 5,500 of its own shares at a price of €1.535 per share during that day’s trading session.
The transaction was carried out through the Cyprus Investment and Securities Corporation Ltd (CISCO), the company said.
Demetra Holdings Plc informed the investment community that the share buyback was executed in line with the regulations of the Cyprus Stock Exchange and the circulars issued by the Cyprus Securities and Exchange Commission.
What is more, the company explained that the repurchase formed part of its approved own share buyback programme.
Specifically, it mentioned that the transaction was based on an authorisation granted by the annual general meeting held on June 24, 2025.
The buyback was also carried out in accordance with the Companies Law Chapter 113 Article 57A, the announcement said.
The company clarified that Demetra Holdings Plc itself was the buyer in the transaction.
All 5,500 shares were acquired at the same price of €1.535, it said.