Bulgaria's Sirma Group Holding buys back 16,667 own shares

The shares represent a 0.03% stake in Sirma Group Holding, the company said in a bourse filing.

Sirma Group Holding was the most traded blue chip on the Bulgarian Stock Exchange on December 21, as 167,467 of its shares changed hands at an average price of 1.064 levs apiece.

In June, Sirma Group Holding said it intends to buy back up to 1 million own shares by the end of 2017. The number of shares represents 1.7% of the company’s share capital.

Sirma Group Holding, founded in 1992 simultaneously in Bulgaria and Canada, employs more than 300 and operates on five continents. The company is active in semantic technology, mobile applications, enterprise resource planning, business intelligence, electronic government, financial and bank services.

(1 euro = 1.95583 levs)