Bank CenterCredit Repurchases Shares for 18.2B Tenge on KASE
Summary
Bank CenterCredit JSC has repurchased 4.1 million of its common shares on the Kazakhstan Stock Exchange for 18.2 billion tenge.
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Bank CenterCredit JSC executed a buyback transaction of its equity on the Kazakhstan Stock Exchange (KASE). The operation was completed on October 7.
During the trading session, the financial institution acquired 4.1 million of its common shares under the code KZ0007786572 (ticker CCBN). The total value of the completed transaction reached 18.2 billion tenge.
Information regarding the share repurchase was officially published on the exchange's platform.
ALBA Super AI · What it means for Kazakhstan
The share repurchase demonstrates the bank's strong capital position and helps support the valuation and liquidity of its securities on Kazakhstan's stock market.
Source: KASE
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