Central Puerto Authorizes $30 Million Share Repurchase Program
MT newswire2026/09/01 14:59Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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10:59 AM EDT, 09/01/2026 (MT Newswires) -- Central Puerto (CEPU) said Tuesday its board authorized a program to buy back up to $30 million of its own shares. The repurchase plan covers up to 10% of the company's share capital over a 180-day period beginning on the business day after it is published through market communication channels. The maximum purchase price is set at $16 per American Depositary Receipt and 2,600 Argentine pesos per common share, the company said. Daily purchases will be limited to 25% of the average daily trading volume during the preceding 90 trading days. Shares of the company were up 3% in Tuesday trading. Price: 14.05, Change: +0.43, Percent Change: +3.16
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