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Slovenia's Krka repurchases 4,731 own shares

Feb 26, 2024, 10:28:14 AMArticle by Radomir Ralev
share
February 26 (SeeNews) - Slovenian pharmaceuticals producer Krka [LJE:KRKG] has raised its own shareholdings to 5.932% from 5.918% after repurchasing 4,731 of its shares for an overall 559,536 euro ($606,110) on the Ljubljana bourse, it said.

Slovenia's Krka repurchases 4,731 own shares
Krsko plant of Krka; Source: Krka

Krka bought 1,037 shares at 118.38 euro each on February 16, 700 shares at 118.36 euro each on February 19, 1,011 shares at 118.0 euro each on February 20, 1,021 shares at 118.38 euro each on February 21, as well as 962 shares at 118.27 euro each on February 22, it said in a bourse filing on Friday.

Before the transactions, Krka held 1,940,688 of its shares. Following the repurchase, it now holds 1,945,419 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.

($ = 0.92315 euro)

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