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Nov 01, 2019 16:23 EEST
November 1 (SeeNews) - North Macedonia's Makpetrol [MSE:MPT] said that it has repurchased 182 of its own shares for an undisclosed sum.
Following the transaction, Makpetrol owns 9,238 own shares, equivalent to an 8.22% stake in the company, the fuel retailer said in a bourse filing earlier this week.
Makpetrol shares traded at an average price of 71,165.98 denars ($1,291/1,158 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 = 61.48 denars)
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