Serbia's Jedinstvo buys 15,457 own shares

Jedinstvo bought 15,457 own shares at 7,467 dinars ($69/64 euro) each on the Belgrade Stock Exchange on February 26, it said in a filing with the Belgrade bourse on Tuesday.

The repurchase is part of a company share buyback programme announced in June 2022, the statement reads.

Jedinstvo's share capital is divided into 232,703 shares of 1,500 dinars in par value each. The shares closed 0.43% higher at 7,500 dinars on Tuesday.

Jedinstvo's single largest shareholder is its director general, Mica Micic, with a 31.4% stake, followed by minority shareholders with stakes of less than 6% each, according to data from Serbia's central registry of securities.

Earlier this month, Jedinstvo said its net profit increased to 312.8 million dinars in 2023, from 238.7 million dinars the previous year.

1 euro = 117.200 dinars