March 4 (SeeNews) - North Macedonia's Makpetrol [MSE:MPT] said that it has repurchased 307 of its own shares for an undisclosed sum.
Following the transaction, Makpetrol owns 10,818 own shares, equivalent to an 9.63% stake in the company, the fuel retailer said in a bourse filing.
Makpetrol shares traded at an average price of 75,551.47 denars ($1,366/1,228 euro) on Wednesday on the stock exchange in Skopje.
In June 2019, Makpetrol launched a share buyback programme targeting up to 10% of the company's capital.
Makpetrol has a network of over 100 fuel stations across Macedonia. The company also has units in neighbouring Serbia and Greece.
(1 euro = 61.52 denars)