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Croatia's Adris holds 2.92% of its own shares as of Sept 12

Croatia's Adris holds 2.92% of its own shares as of Sept 12 Author: Adris Grupa. License: All rights reserved.

ZAGREB (Croatia), September 13 (SeeNews) - Croatia's Adris Grupa [ZSE:ADRS] held 478,958 of its own shares as of September 12, representing 2.92% of the issued share capital, it said.

On September 10, the diversified group bought back 1 of its ADRS2 preferred shares at 465 kuna ($69.3/62.9 euro), Adris said in a filing to the Zagreb Stock Exchange (ZSE) on Thursday.

The following day, it acquired a further 96 ADRS2 shares at the same price. 

Adris' ordinary shares did not trade by 1036 CET on Thursday on the ZSE, while the company's preferred shares traded at 466 kuna, unchanged from Wednesday's close.

Adris is 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 = 7.39402 kuna)

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