Cyprus Cement Public Company Ltd has completed a share buyback programme, acquiring 1,780 of its own shares.
The completion follows an extraordinary general meeting held on June 18, 2026, where shareholders approved the capital return plan.
The execution of the buyback was contingent on regulatory clearance.
The Cyprus Securities and Exchange Commission (CySEC) previously granted the company an exemption from mandatory takeover offer rules, a critical step that allowed the programme to proceed without triggering broader acquisition obligations.
The move signals management's confidence in the company's balance sheet and its willingness to return capital to shareholders.
For investors, the completion removes uncertainty regarding the programme's timeline and confirms the reduction in the company's share count.