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Croatia's Atlantic Grupa disposes of own shares

Croatia's Atlantic Grupa disposes of own shares Author: Atlantic Grupa. License: All rights reserved.

ZAGREB (Croatia), January 14 (SeeNews) - Croatia's Atlantic Grupa [ZSE:ATGR-R-A] has disposed of 76 of its own shares, representing 0.01% of the company's subscribed share capital, it said.

The company transferred the shares to its employees according to the rewarding programme and policy of the group, the company said in a filing to the Zagreb Stock Exchange (ZSE).

Following thе transaction, Atlantic Grupa holds 4,934 treasury shares representing a stake of 0.15%, it added.

Atlantic Grupa is a regional distributor of fast-moving consumer goods and a producer of functional foods and supplements. It also owns a pharmacy chain in Croatia. In October, it agreed to sell its food supplements unit Fidifarm, owner of the Dietpharm brand, to local generic drug manufacturer PharmaS.

Atlantic Grupa's shares traded 0.77% higher at 1,310 kuna ($195.8/175.9 euro) by 1157 CET on the ZSE on Tuesday.

(1 euro = 7.44699 kuna)