October 29 (SeeNews) - Bucharest Stock Exchange-listed Purcari Wineries [BSE:WINE] said that it has repurchased 19,758 own shares in the period October 21-25 for a total of 428,361 lei ($100,000/90,000 euro).
The average price per share of the repurchases made during the week ended October 25 was 21.68 lei, the blue-chip company said in a bourse filing on Monday.
Since the launch of its share repurchase programme, Purcari Wineries has bought back 152,331 shares for some 3.5 million lei.
The company intends to buy back an additional 47,669 own shares under its current programme.
As at 14:15 CET on Tuesday, Purcari Wineries shares traded at 21.90 lei, unchanged from their previous closing price on the Bucharest Stock Exchange.
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.
Purcari Wineries 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=4.7581 lei)