Demetra Holdings completes more share buybacks
Demetra Holdings PLC carried out additional buybacks of its own shares on March 16 and March 17, as part of a structured programme to manage its equity.
The investment group confirmed that the transactions were conducted in accordance with the relevant regulations of the Cyprus Stock Exchange and circulars issued by the Cyprus Securities and Exchange Commission.
These specific market actions were executed following the formal authorisation granted during the annual general meeting held on June 24, 2025.
The board of directors proceeded with the acquisitions through the Cyprus Investment and Securities Corporation (CISCO).
During the first day of trading on March 16, 2026, the company purchased a total of 9,100 own shares at a set price of 1.38 cents per unit.
This daily total was reached through five separate transactions, including a primary acquisition of 5,000 shares and a secondary purchase of 2,000 shares.
Other smaller tranches on that date consisted of 1,091 shares, 638 shares, and 371 shares respectively.
On the following day, March 17, 2026, the company again acquired 9,100 shares, though the purchase price rose slightly to 1.395 cents.
The activity on the second day involved nine distinct transactions, with the largest single tranches consisting of 2,834 and 2,308 shares.
Remaining acquisitions for the day included amounts of 1,106 shares, 788 shares, 638 shares, and several smaller parcels.
The combined total of the two days of trading resulted in the buyback of 18,200 shares as part of the ongoing capital management strategy.