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Croatia's Adris ups own shareholding

Author Maja Garaca
Croatia's Adris ups own shareholding Author: Adris Grupa. License: All rights reserved.

ZAGREB (Croatia), August 23 (SeeNews) - Croatian diversified conglomerate Adris Grupa [ZSE:ADRS] held 325,275 of its own shares as of August 22, representing 1.97% of the company's equity capital, it said.

Between August 21 and August 22, the company acquired 697 preferred shares for a total of 305,905.8 kuna ($47,568/41,154 euro), Adris said in a filing to the Zagreb Stock Exchange late on Wednesday.

Adris has been buying back its shares for several months to distribute them to its workers and the company's management under a reward programme launched by the company in October last year.

(1 euro =7.43725 kuna)