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Slovenia's Krka repurchases 4,475 own shares

Feb 2, 2024, 2:09:04 PMArticle by Radomir Ralev
share
February 2 (SeeNews) - Slovenian pharmaceuticals producer Krka [LJE:KRKG] has raised its own shareholdings to 5.895% from 5.881% after repurchasing 4,475 of its shares for an overall 516,166 euro ($561,714) on the Ljubljana bourse, it said on Friday.

Slovenia's Krka repurchases 4,475 own shares
Source: Krka

Krka bought 886 shares at 115.0 euro each on January 26, 949 shares at 115.73 euro each on January 29, 705 shares at 115.29 euro each on January 30, 963 shares at 115.29 euro each on January 31, as well as 972 shares at 115.38 euro each on February 1, it said in a bourse filing.

Before the transactions, Krka held 1,928,733 of its shares. Following the repurchase, it now holds 1,933,208 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.

($ = 0.91891 euro)

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