CTOS Digital Cancels 15.5 Million Treasury Shares Under Share Buyback Program; Shares Drop 3%

MT Newswires Live
06/08

CTOS Digital (KLSE:CTOS) cancelled 15.5 million treasury shares, equivalent to 0.67% of its issued share capital, as part of its ongoing share buyback program, according to a Friday Malaysian bourse filing.

Shares fell 3% in Monday's midday trade.

The move reflects its broader capital management strategy and confidence in long-term business strength.

The group said it has repurchased about 34.9 million shares in 2025, with total cancellations now at 35 million shares.

The company plans to seek a renewal of its buyback mandate at its annual meeting on June 25, to repurchase up to 10% of issued share capital.

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