September 27 (SeeNews) - Slovenian pharmaceuticals producer Krka [LJE:KRKG] has said it raised its own shareholdings to 5.001% from 4.986% after repurchasing 4,877 of its shares for an overall 544,416 euro ($639,642) on the Ljubljana bourse on Monday.
Krka bought 883 shares at 111.50 euro each on September 17, a further 884 shares at 110.28 euro each on September 20, 994 shares at 111.13 euro each on September 21, 1,007 shares at 110.81 euro each on September 22, 274 shares at 111.04 euro each on September 23, as well as 835 shares at 114.97 euro on September 24, it said in a bourse filing.
Prior to the transactions, Krka held 1,635,195 of its own shares. Following the repurchase, it now holds 1,640,072 own shares.
The share purchase is part of Krka's new share buyback programme, launched in July 2020, under which the company plans to acquire a maximum of just over 1.84 million own shares over the following 36 months. The maximum pecuniary amount allocated to the programme is 356.4 million euro.
($ = 0.85112 euro)
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