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N. Macedonia's Oilco KDA increases own shareholding

Author Mario Tanev
N. Macedonia's Oilco KDA increases own shareholding Author: Oilco / All rights reserved.

SKOPJE (North Macedonia), December 6 (SeeNews) - North Macedonia-based fuel storage and transport company Oilco KDA [MSE:OILK] said on Friday that it has repurchased 220 own shares for an undisclosed price. 

Following the transaction, Oilco KDA holds 9,753 own shares, equal to 3.89% of its capital, the company said in a bourse filing.

The company's shares last traded on the stock exchange in Skopje on Wednesday, at a price of 6,000 denars ($108/97.5 euro).

Oilco KDA has a fuel depot in the village Miladinovci near Skopje. The company transports petrol, diesel and heavy fuel oil, as well as compressed natural gas and liquid petroleum gas.

Oilco KDA's biggest shareholder is fuel trader Makpetrol [MSE:MPT].

(1 euro = 61.53 denars)