January 11 (SeeNews) - Croatian fertiliser producer Petrokemija [ZSE:PTKM] said on Tuesday its management and supervisory board approved proposals to delist its shares from the Zagreb bourse and allow the management to buy own shares.
The proposals will be put to the vote by the company's general assembly of shareholders, the company said in a filing to the bourse without elaborating.
Petrokemija's shares closed at 30 kuna ($5.3/4.7 euro) on the ZSE on Monday, down 6.83%. Trading on Tuesday has not started.
(1 euro=7.522 Croatian kuna)