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Slovenia's Krka buys back own shares

Dec 5, 2022, 9:13:15 AMArticle by Radomir Ralev
share
December 5 (SeeNews) - Slovenian pharmaceuticals producer Krka [LJE:KRKG] said it raised its own shareholdings to 5.400% from 5.385% after repurchasing 5,204 of its shares for an overall 487,764 euro ($515,270) on the Ljubljana bourse.

Slovenia's Krka buys back own shares
Source: Krka

Krka bought 1,247 shares at 94.44 euro each on November 25, 919 shares at 92.60 euro each on November 28, 210 shares at 94.0 euro each on November 29, 1,402 shares at 93.75 euro each on November 30, as well as 1,426 shares at 93.78 euro each on December 1, it said in a bourse filing on Friday.

Prior to the transactions, Krka held 1,765,779 of its own shares. Following the repurchase, it now holds 1,759,830 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.

($ = 0.94663 euro)

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