Bulgaria's Sofia Commerce-Pawnbrokers to buy back 60,000 shares

The buyback plan aims to boost shares liquidity and to give shareholders more confidence in the company’s stock, Sofia Commerce-Pawnbrokers said in a statement filed with the Sofia bourse.

Shares, equivalent to a 0.03% stake in the firm, will be repurchased at a minimum price of 4.0 levs ($2.7/2.0 euro) and a maximum price of 8.0 levs each in line with the a taken at a company shareholders meeting held on December 15, 2011.

(1 euro=1.95583 Bulgarian levs)