The Capital Markets Board of Türkiye (SPK) on Tuesday determined to launch no new transactions for his or her clients within the earth-quake-hit zones till June 30 in the event that they default on their transactions.
The improvement applies to transactions constructed from Feb.6 – when the lethal earthquakes struck the southeastern components of Türkiye claiming hundreds of lives and inflicting huge devastation.
“Publicly held corporations whose shares are traded on the stock exchange can now initiate a buyback program with the approval of their board of directors, without having to seek the decision of the general assembly,” the SPK mentioned.
Source: www.dailysabah.com
