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Oct 07, 2019 15:39 EEST
October 7 (SeeNews) - Bucharest Stock Exchange-listed Purcari Wineries [BSE:WINE] said on Monday that it has repurchased 4,346 own shares in the period September 30-October 4 for a total of 93,151 lei ($21,600/19,600 euro).
The average price per share of the repurchases made during the week ended October 4 was 21.43 lei, the blue-chip company said in a bourse filing.
Since the launch of its share repurchase programme, Purcari Wineries has bought back 102,155 shares for some 2.4 million lei.
The company intends to buy back an additional 97,845 own shares under its current programme.
As at 13:25 CET on Monday, Purcari Wineries shares traded 0.95% lower at 20.8 lei.
Purcari Wineries is a public company incorporated under the laws of Cyprus, which owns wineries in Romania and Moldova. The company was admitted to trading on the Bucharest Stock Exchange in February 2018 and is now part of the blue-chip BET index.
It owns over 1,000 hectares of vines and four wineries in Romania and Moldova - Bostavan, Purcari, Ceptura and Bardar. Its main markets are Romania, Moldova, and Poland.
(1 euro=4.6598 lei)
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