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Dec 08, 2017 18:54 EEST
SOFIA (Bulgaria), December 8 (SeeNews) – Diversified group Industrial Holding Bulgaria (IHB) [BUL:4ID] said on Friday it has selected DSK Bank to act as an investment intermediary in relation to the company’s share buyback programme.
Under IHB’s share buyback programme, approved at the general shareholders meeting on June 29, the company can buy up to 3% of its registered capital, equivalent to 2.32 million shares, by the end of 2017, IHB said in a statement.
Last week, IHB said it owned 821,555 own shares at end-November.
IHB shares closed 0.43% higher at 0.941 levs ($0.56/0.48 euro) on the Bulgarian Stock Exchange on Friday.
(1 euro=1.95583 levs)
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