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Slovenia's Krka repurchases 1,709 own shares

Nov 6, 2023, 10:05:38 AMArticle by Radomir Ralev
share
November 6 (SeeNews) - Slovenian pharmaceuticals producer Krka [LJE:KRKG] said it raised its own shareholdings to 5.739% from 5.734% after repurchasing 1,709 of its shares for an overall 180,570 euro ($193,833) on the Ljubljana bourse, it said.

Slovenia's Krka repurchases 1,709 own shares
Source: Krka

Krka bought 834 shares at 105.82 euro each on October 27, as well as 875 shares at 105.50 euro each on November 2, it said in a bourse filing on Friday.

Prior to the transactions, Krka held 1,880,447 of its own shares. Following the repurchase, it now holds 1,882,156 own shares.

The share purchase is part of Krka's new share buyback programme, launched in July 2023, under which the company plans to acquire a maximum of just over 1.45 million own shares over the following 36 months. The maximum pecuniary amount allocated to the programme is 424.4 million euro.

($ = 0.93157 euro)

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