ZAGREB (Croatia), March 24 (SeeNews) - Croatia's Adris Grupa [ZSE:ADRS] held 588,524 of its own shares as of March 24, representing 3.58% of the issued share capital, it said on Tuesday.
The diversified group repurchased 292 of its ordinary shares at 398.1 kuna ($56.6/52.3 euro) apiece on March 23, and a further 1,200 own preferred shares at 312 kuna the same day, Adris said in a filing to the Zagreb Stock Exchange (ZSE).
Adris preferred shares traded 0.32% higher at 313 kuna by 1331 CET on Tuesday on the ZSE. The company's ordinary shares traded at 408 kuna, up 0.49%.
Adris has been buying back its own shares in order to distribute them to its employees and the company's management under a year-long programme that will run until June 19, 2020.
(1 euro = 7.60738 kuna)