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Bucharest-listed Purcari Wineries ups own shareholding

Author Mario Tanev
Bucharest-listed Purcari Wineries ups own shareholding Purcari Wines

BUCHAREST (Romania), November 18 (SeeNews) - Bucharest Stock Exchange-listed Purcari Wineries [BSE:WINE] said on Monday that it has repurchased 8,967 own shares in the period November 11-13 for a total of some 205,000 lei ($47,500/42,900 euro).

The average price per share of the repurchases made during the review period 8 was 22.82 lei, according to data from Purcari Wineries' bourse filing.

Since the launch of its share repurchase programme, Purcari Wineries has bought back 200,000 shares for some 4.5 million lei.

As at 15:00 CET on Monday, Purcari Wineries shares traded at 22.9 lei, unchanged from their previous closing price.

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=4.75 lei)