January 28 (SeeNews) - Romania's SIF Moldova [BSE:SIF2] said that it has repurchased 483,139 own shares in the period January 20-23 at an average price per share of 1.8305 lei ($0.42/0.38 euro).
SIF Moldova paid a total of 884,395 lei for the repurchased shares, the company said in a bourse filing on Monday.
As at 14:40 CET on Tuesday, SIF Moldova shares traded at 1.755 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)