April 9 (SeeNews) - Online betting operator Telematic Interactive Bulgaria [BUL:TIB] said on Tuesday that it bought back 290 of its own shares in two separate transactions as part of its ongoing share repurchase programme.
The company repurchased 140 shares at a price of 15.70 levs ($8.69/8.03 euro) apiece on April 8 and 150 shares priced at 15.80 levs each on April 9, Telematic Interactive said in a stock exchange filing.
The number of own shares held by Telematic Interactive as of April 9 totalled 290, representing 0.002% of voting rights.
The betting operator initiated the share repurchase programme last month, targeting up to 3% of its equity capital per year and up to 7.41% in total. The company seeks to repurchase up to 388,800 shares on the regulated market by the end of this year and up to 960,018 shares in total until the end of 2026.
As of 1557 CET on Tuesday, shares in Telematic Interactive Bulgaria traded 0.64% higher at 15.70 levs on the Bulgarian Stock Exchange.
(1 euro = 1.95583 levs)