March 12 (SeeNews) - North Macedonia's fuel retailer Makpetrol [MSE:MPT] said that it has repurchased 47 of its own shares for an undisclosed sum.
Following the transaction, Makpetrol owns of its 10,865 own shares, representing a 9.67% stake in the company's capital, the company said in a bourse filing on Wednesday.
Its shares traded at an average price of 72,500 denars ($1,331/1,176 euro) on Wednesday on the stock exchange in Skopje.
In June 2019, Makpetrol launched a 200 million denars share buyback programme targeting up to 10% of its capital.
Makpetrol has a network of over 100 fuel stations across North Macedonia. The company also has units in neighbouring Serbia and Greece.
(1 euro = 61.6321 denars)