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ASCE REIT Steps Up Share Buy-Back to Support Market Valuation
TipRanks coverage carried by The Globe and Mail reports that Turkey's ASCE real estate investment trust purchased 400,000 C Group ASGYO shares on October 14, 2026. Transactions occurred between 9.27 and 9.31 Turkish lira per share. Together with earlier purchases under the same program, the repurchased shares represented 0.23447% of company capital.
The board approved the program on September 23, with authorization lasting through September 30, 2027. Its 150 million lira spending allocation is distinct from the 15 million lira nominal share-acquisition ceiling. The report frames repurchases as a capital-management initiative; it does not establish that the program will improve subsequent shareholder returns.
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