March 9, 2017 / 12:10 PM / 4 months ago

BRIEF-Bizim Toptan to buy back shares with up to 40.0 million lira fund

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March 9 (Reuters) - Bizim Toptan Satis Magazalari AS :

* Decides to buy back shares with up to 40.0 million lira ($10.65 million) fund

* Company announced on Feb. 2 that requested up to 40.0 million lira as capital advance, from the controlling shareholder Yıldız Holding A.Ş., to be used for a future capital increase, in order to support the company's growth strategy and to support a share buy-back program up to that amount Source text for Eikon: Further company coverage: ($1 = 3.7547 liras) (Gdynia Newsroom)

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