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Romania's SIF Moldova buys back some 0.5 mln own shares

Author Mario Tanev
Romania's SIF Moldova buys back some 0.5 mln own shares Author: Ken Teegardin. Licence: Creative Commons.

BUCHAREST (Romania), December 10 (SeeNews) - Romania's SIF Moldova [BSE:SIF2] said that it has repurchased 499,741 own shares in the period December 2-6 at an average price per share of 1.5652 lei ($0.36/0.33 euro).

SIF Moldova paid a total of 782,217 lei for the repurchased shares, the company said in a bourse filing on Monday.

As at 13:55 CET on Tuesday, SIF Moldova shares traded 0.97% lower at 1.535 lei on the Bucharest Stock Exchange.

SIF Moldova managed assets worth some 2.25 billion lei at the end of September, with most of its investments in the financial and energy sectors.

(1 euro = 4.78 lei)

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