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N. Macedonia's Makpetrol ups own shareholding

Author Mario Tanev
N. Macedonia's Makpetrol ups own shareholding Author: Makpetrol. Licence: All Rights Reserved.

SKOPJE (North Macedonia), September 27 (SeeNews) - North Macedonia's Makpetrol [MSE:MPT] said that it has repurchased 30 of its own shares for an undisclosed sum.

Following the transaction, Makpetrol owns 8,603 own shares, equivalent to a 7.66% stake in the company, the fuel retailer said in a bourse filing on Wednesday.

Makpetrol shares traded at an average price of 73,012.38 denars ($1,297/1,186 euro) on Friday 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)