October 11 (SeeNews) - North Macedonia's Makpetrol [MSE:MPT] said that it has repurchased 108 of its own shares for an undisclosed sum.
Following the transaction, Makpetrol owns 9,056 own shares, equivalent to a 8.06% stake in the company, the fuel retailer said in a bourse filing on Wednesday.
Makpetrol shares traded at an average price of 77,148.67 denars ($1,381/1,254 euro) on Thursday on the stock exchange in Skopje.
In June, Makpetrol launched 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.
(1 euro = 61.54 denars)