December 23 (SeeNews) - Romania's SIF Moldova [BSE:SIF2] said on Monday that it has repurchased 115,754 own shares in the period December 19-20 at an average price per share of 1.5676 lei ($0.36/0.33 euro).
SIF Moldova paid a total of 181,451 lei for the repurchased shares, the company said in a bourse filing.
As at 15:00 CET on Monday, SIF Moldova shares traded at 1.59 lei, unchanged from their previous closing price on the Bucharest Stock Exchange.
SIF Moldova's share repurchase programme targets 2 million own shares, or 0.1996% of its capital, at a price of up to 2.2 lei per share. The programme will run until February 28 and will be serviced by BT Capital Partners.
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)