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Slovenia's Krka repurchases 3,568 own shares

Feb 16, 2024, 11:34:26 AMArticle by Radomir Ralev
share
February 16 (SeeNews) - Slovenian pharmaceuticals producer Krka [LJE:KRKG] has raised its own shareholdings to 5.918% from 5.907% after repurchasing 3,568 of its shares for an overall 420,426 euro ($452,773) on the Ljubljana bourse, it said on Monday.

Slovenia's Krka repurchases 3,568 own shares
Photo: Slovenia's Krka

Krka bought 778 shares at 117.71 euro each on February 12, 1,035 shares at 117.83 euro each on February 13, 715 shares at 117.72 euro each on February 14, as well as 1,040 shares at 118.0 euro each on February 15, it said in a bourse filing.

Before the transactions, Krka held 1,937,120 of its shares. Following the repurchase, it now holds 1,940,688 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.

($ = 0.92855 euro)

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