July 24 (SeeNews) - Macedonian fuel retailer Makpetrol [MSE:MPT] said on Tuesday that it has repurchased 3,251 of its own shares for an undisclosed sum.
The number of shares is equal to a 2.9% stake in Makpetrol, bourse data shows.
Following the transaction, Makpetrol owns 7,896 own shares, equivalent to a 7.03% stake in the company, the fuel retailer said in a bourse filing.
Last week, Makpetrol said it has repurchased 263 own shares for an undisclosed price.
Last month, Makpetrol's shareholders approved a share buyback programme targeting up to 10% of the company's capital.
Makpetrol has a network of over a hundred fuel stations across Macedonia. The company also has units in neighbouring Serbia and Greece.