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Slovenia's Krka repurchases 4,380 own shares

Nov 24, 2023, 4:23:36 PMArticle by Radomir Ralev
share
November 24 (SeeNews) - Slovenian pharmaceuticals producer Krka [LJE:KRKG] said it raised its own shareholdings to 5.776% from 5.763% after repurchasing 4,380 of its shares for an overall 467,776 euro ($511,151) on the Ljubljana bourse, it said on Friday.

Slovenia's Krka repurchases 4,380 own shares
Source: Krka

Krka bought 590 shares at 107.66 euro each on November 17, 917 shares at 107.0 euro each on November 20, 896 shares at 107.21 euro each on November 21, 965 shares at 106.77 euro each on November 22, as well as 1,012 shares at 105.78 euro each on November 23, it said in a bourse filing.

Prior to the transactions, Krka held 1,889,829 of its own shares. Following the repurchase, it now holds 1,894,209 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.

($ = 0.91514 euro)

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