GEK TERNA acquires additional treasury shares in compliance with EU regulations

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Kostas Karanassios Deputy Chief Post-Trading Services & Issuers Support Officer Athens Exchange Group
Kostas Karanassios Deputy Chief Post-Trading Services & Issuers Support Officer - Athens Exchange Group
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Oct 17, 2024
Bybalkan business wire
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GEK TERNA S.A. has announced the purchase of 15,000 of its own shares, as part of a previously approved plan. The transaction took place on October 16, 2024, with an average price per share of 17.5306 euros, amounting to a total value of 262,959.28 euros.

The acquisition aligns with Regulation (EU) No 596/2014 and Commission Delegated Regulation (EU) 2016/1052. It is also in accordance with Article 49 of Law 4548/2018 and follows the decision made by the Extraordinary General Assembly of Shareholders on February 13, 2024.

As a result of this purchase, GEK TERNA S.A. now holds a total of 3,019,281 treasury shares directly and indirectly. This represents approximately 2.9193% of the company’s total issued shares.

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Athens Exchange Group

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