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Telematic Interactive Bulgaria repurchases 293 shares

Jul 8, 2024, 4:29:21 PMArticle by Mihaela Miteva
share
July 8 (SeeNews) - Online betting operator Telematic Interactive Bulgaria [BUL:TIB] said on Monday that it bought back 293 of its own shares in two separate transactions as part of its ongoing share buyback programme.

Telematic Interactive Bulgaria repurchases 293 shares
Image by top10-casinosites from Pixabay

Telematic Interactive repurchased 158 shares priced at 15.10 levs ($8.36/7.72 euro) each on July 5 and 135 shares at the same price on July 8, the company said in a bourse filing.

The number of own shares held by Telematic Interactive as of July 8 totalled 6,934, representing 0.0535% of voting rights.

The betting operator initiated the share repurchase programme in March, 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 1528 CEST on Monday, shares in Telematic Interactive Bulgaria traded flat at 15.10 levs on the Bulgarian Stock Exchange.

(1 euro = 1.95583 levs)

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