SOFIA (Bulgaria), December 29 (SeeNews) – Bulgarian software developer Sirma Group Holding [BUL:SKK] said on Friday it bought back 38,220 of its own shares at an average weighted price of 1.089 levs ($0.65/0.55 euro) apiece on December 28.
The shares represent a 0.064% stake in Sirma Group Holding, the company said in a bourse filing.
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)