Cypriot investment firm Demetra Holdings Plc completed the repurchase of 3,358 own shares on October 30, 2026, as part of its ongoing corporate capital management strategy, involving a total financial outlay of €4,432.56. The investment entity carried out the transactions through the Cyprus Investment & Securities Corporation Ltd (CISCO) acting as the sole brokerage service provider. The regulatory authorisation for this commercial manoeuvre stems from the approval granted by shareholders during the annual general meeting dated June 30, 2026. All acquired equity instruments were secured at a uniform price of €1.32 per share across every individual trade executed during the trading session. The complete buyback volume comprised three distinct transaction tranches processed on the same market day. The initial tranche involved the acquisition of 1,582 shares at €1.32 each. A second trade followed shortly thereafter, resulting in the successful repurchase of 1,388 shares at €1.32 per share. The third tranche wrapped up the buying activity by acquiring 388 shares at €1.32 apiece.
Cyprus court annuls €175,522 fine imposed on Kythreotis subsidiary
• What happened: Cyprus court annuls €175,522 fine imposed on Kythreotis subsidiary Cyprus’ administrative court has annulled a €175,522 administrative fine imp...