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Sep 27, 2023 09:40 EEST
September 27 (SeeNews) - Slovenian technical goods wholesaler Kovintrade's [LJE:KZTR] supervisory board has approved a share repurchase programme targeting up to 135,610 shares that represent 10% of its registered equity capital, it said.
The shareholders' meeting of Kovintrade gave the go-ahead to the share repurchase programme in June, Kovintrade said in a filing with the Ljubljana Stock Exchange on Tuesday.
Kovintrade will buy the shares at a price not lower than 30% and not higher than 60% of the book value of the company's shares, it said.
The programme is set to run until June 20, 2026.
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