The lowest price per purchased share will not be less than the nominal value of the share, whereas the highest purchased price per share shall not exceed the average market price during 15 working days preceding the acquiring of shares, the company said in a filing to the Zagreb bourse.
The highest price of the purchased shares may be increased by up to 5%, subject to approval by the company’s supervisory board.
Shares of Atlantic Grupa traded 2.63% lower at 55.50 euro on the Zagreb bourse on Wednesday by 1534 local time.
($ = 0.933 euro)