June 10 (SeeNews) - North Macedonia's Makpetrol [MSE:MPT] said on Monday that its shareholders have approved a one-year 200 million denars ($3.7 million/3.2 million euro) share repurchase programme targeting up to 10% of the company's own shares.
The share buyback will priced in the 30,000-90,000 denars range, the fuel retailer said in a bourse filing.
Makpetrol shares traded at an average price of 64,047.32 denars on the stock exchange in Skopje on Monday.
Makpetrol has a network of over a hundred fuel stations across Macedonia. The company also has units in neighbouring Serbia and Greece.
(1 euro = 61.58 denars)