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Slovenia's Krka repurchases 5,521 own shares

Dec 9, 2022, 11:07:48 AMArticle by Radomir Ralev
share
December 9 (SeeNews) - Slovenian pharmaceuticals producer Krka [LJE:KRKG] said it raised its own shareholdings to 5.417% from 5.400% after repurchasing 5,521 of its shares for an overall 521,118 euro ($550,215) on the Ljubljana bourse.

Slovenia's Krka repurchases 5,521 own shares
Source: Krka

Krka bought 1,417 shares at 94.0 euro each on December 2, 1,003 shares at 94.34 euro each on December 5, 350 shares at 94.29 euro each on December 6, 1,377 shares at 94.50 euro each on December 7, as well as 1,374 shares at 94.74 euro each on December 8, it said in a bourse filing.

Prior to the transactions, Krka held 1,770,983 of its own shares. Following the repurchase, it now holds 1,776,504 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.

($ = 0.947115 euro)

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