March 6 (SeeNews) - Slovenian pharmaceuticals producer Krka [LJE:KRKG] said it raised its own shareholdings to 5.498% from 5.485% after repurchasing 4,276 of its shares for an overall 453,774 euro ($482,617) on the Ljubljana bourse.
Krka bought 1,022 shares at 106.33 euro each on February 24, 821 shares at 105.62 euro each on February 27, 983 shares at 105.88 euro each on February 28, 950 shares at 106.38 euro each on March 1, as well as 500 shares at 106.50 euro each on March 2, it said in a bourse filing on Friday.
Prior to the transactions, Krka held 1,798,843 of its own shares. Following the repurchase, it now holds 1,803,119 own shares.
The share purchase is part of Krka's new share buyback programme, launched in July 2020, under which the company plans to acquire a maximum of just over 1.84 million own shares over the following 36 months. The maximum pecuniary amount allocated to the programme is 356.4 million euro.
($ = 0.9402 euro)
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