Cyprus Cement buys back 600 shares on Cyprus, Cyprus Mail reports
Cyprus Cement Public Company Ltd announced a buyback of 600 of its own shares on Cyprus, conducted in mid-September 2026 under a shareholder-approved decision. The transaction was carried out through ProChoice Chrimatistiriaki Ltd at a price of €1.365 per share, totaling €819.00. The company says the buyback followed regulatory requirements and relevant Cyprus Stock Exchange rules.
What changed
Cyprus Cement bought back 600 of its own shares. The total value of the purchase was €819, and the price per share was €1.365. The buyback was executed in accordance with a decision approved by shareholders earlier in the year, and it followed applicable Cyprus corporate and stock market regulations.
Who is affected
The change primarily affects Cyprus Cement and its shareholders. Shareholders who participated in or were impacted by the buyback may notice the reduction in the number of outstanding shares and a potential impact on per-share metrics. No information is provided about employees or other stakeholder groups in the source material.
Practical next steps
For readers seeking more detail, check the Cyprus Mail coverage or official regulatory filings for Cyprus Cement. If you hold Cyprus Cement shares or track the company, you may want to review how a buyback could affect share counts and earnings per share metrics over time. No further actions are required unless you rely on the company’s stock data for investment decisions.
Limits and questions
The source notes the buyback was conducted under Article 57A of the Companies Law and in line with Cyprus Stock Exchange rules and circulars from the regulator. The materials do not provide commentary on market impact, broader corporate strategy, or execution details beyond the purchase price and total. Readers should consider looking up the cited legal references and regulatory filings to understand any potential limitations or conditions attached to the buyback.
Which sources did Setup in Bahrain review?
Setup in Bahrain reviewed the following source material before preparing this explanatory article.
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- ua.news — evidence source reviewed for this article.
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