Cyprus Cement Public Company Ltd completes share buyback transactions
The Cyprus Cement Public Company Ltd has reported recent share buyback activity conducted through ProChoice Chrimatistiriaki Ltd. Regulatory filings from the company present conflicting data regarding the volume and cost of these transactions. One report states that 1,580 shares were acquired on Wednesday at €1.31 per share for a total of €2,061.90. A separate report indicates that 1,488 shares were purchased at €1.305 per share on June 5, 2026, for a total value of €1,941.84. These transactions were executed as part of a capital management strategy authorized during an extraordinary general meeting of shareholders held on June 26, 2025. The buybacks comply with the Cyprus Stock Exchange regulations, Cyprus Securities and Exchange Commission circulars, and Article 57A of the Companies Law Cap 113. The company maintains that these actions align with the mandate provided by its shareholders to manage capital through market activity.