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Slovenia's Krka buys back 7,714 own shares

Author Radomir Ralev
Slovenia's Krka buys back 7,714 own shares Source: Krka

LJUBLJANA (Slovenia), August 1 (SeeNews) - Slovenian pharmaceuticals producer Krka [LJE:KRKG] said it raised its own shareholdings to 5.225% from 5.201% after repurchasing 7,714 of its shares for an overall 744,721 euro ($763,566) on the Ljubljana bourse.

Krka bought 1,275 shares at 95.26 euro each on July 21, a further 1,196 shares at 95.93 euro each on July 22, 1,349 shares at 96.50 euro each on July 25, 1,228 shares at 96.75 euro each on July 26, 1,328 shares at 97.32 euro each on July 27, as well as 1,338 shares at 97.38 euro each on July 28, it said in a bourse filing on Friday.

Prior to the transactions, Krka held 1,705,597 of its own shares. Following the repurchase, it now holds 1,713,311 own shares.

The share purchase is part of Krka's new share buyback programme, launched in July 2020, under which the company plans to acquire a maximum of just over 1.84 million own shares over the following 36 months. The maximum pecuniary amount allocated to the programme is 356.4 million euro.

($ = 0.98432 euro)

KRKA d.d. is among the biggest companies in SEE, for more reference take a look at Top 100 companies