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Croatia's Adris holds 2.95% of own shares

Croatia's Adris holds 2.95% of own shares Author: Adris Grupa. License: All rights reserved.

ZAGREB (Croatia), October 11 (SeeNews) - Croatia's Adris Grupa [ZSE:ADRS] held 483,845 of its own shares as of October 11, representing 2.95% of the issued share capital, it said on Friday.

The diversified group has repurchased 5,489 of its ADRS2 preferred shares at 489.6 kuna ($72.8/65.9 euro) apiece on October 9, Adris said in a filing to the Zagreb Stock Exchange (ZSE).

Adris' preferred shares traded at 498 kuna by 1430 CET on Friday on the ZSE, up 0.61%. Adris' ordinary shares traded at 595 kuna by that time, down 0.83%

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 = 7.42930 kuna)