Serbia's Jedinstvo buys 485 own shares

Jedinstvo bought 485 own shares at 7,100 dinars ($66/60 euro) each on the Belgrade Stock Exchange on March 19, it said in a filing with the Belgrade bourse on Wednesday.

Jedinstvo's share capital is divided into 232,703 shares of 1,500 dinars in par value each. The shares closed 2.28% lower at 7,100 dinars on Tuesday, March 19, when an overall 715 stocks traded. The company stocks did not trade on Wednesday.

Jedinstvo's single largest shareholder is its director general, Mica Micic, with a 25.4% stake, the company itself follows with its newly raised ownership stake, while the remainder belongs to smaller shareholders with stakes of less than 6% each, according to data from Serbia's central registry of securities.

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

(1 euro = 117.223 dinars)