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Dec 18, 2017 15:14 EEST
SOFIA (Bulgaria), December 18 (SeeNews) – Bulgarian fuel and building materials retailer Toplivo [BUL:3TV] said on Monday it has decided to extend the deadline of its share repurchase programme to June 30, 2018.
Under the programme, the company intends to buy back up to 10,000 of its own shares, equivalent to a 0.18% stake in the company, Toplivo said in a bourse filing.
The company will pay between 3.5 levs ($2.1/1.8 euro) and 10.0 levs per share.
Last month, Toplivo said its consolidated net loss widened to 3.5 million levs in the first nine months of the year from 2.0 million levs in the prior-year period.
(1 euro=1.95583 levs)
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