67 Days
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Akstra advises holding 2.49 million treasury shares
The Board of Directors of United Electronics Company (Extra) has recommended the purchase of up to 2.49 million of its shares and their retention as treasury stock with the aim of enhancing shareholder value, considering that the current market price does not reflect their true value. The purchase will be financed using the company's own resources, without the need for external funding, and is subject to approval by the extraordinary general assembly. The purchased shares will be held and will not carry voting rights or dividends during the holding period, with an emphasis on fulfilling all necessary financial and regulatory requirements to ensure that the operation does not impact the company's financial position.
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