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Slovenia's Krka repurchases 5,159 own shares

Dec 4, 2023, 10:40:04 AMArticle by Radomir Ralev
share
December 4 (SeeNews) - Slovenian pharmaceuticals producer Krka [LJE:KRKG] said it raised its own shareholdings to 5.792% from 5.776% after repurchasing 5,159 of its shares for an overall 551,965 euro ($600,027) on the Ljubljana bourse, it said.

Slovenia's Krka repurchases 5,159 own shares
Source: Krka

Krka bought 1,109 shares at 105.88 euro each on November 24, 924 shares at 106.46 euro each on November 27, 1,142 shares at 107.18 euro each on November 28, 1,134 shares at 108.32 euro each on November 29, as well as 850 shares at 107.0 euro each on November 30, it said in a bourse filing on Friday.

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.

($ = 0.91989 euro)

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