Bulgaria's IHB buys back 309,705 own shares in Feb

Bulgaria's IHB buys back 309,705 own shares in Feb

Diversified group Industrial Holding Bulgaria (IHB) said that it has repurchased 309,705 own shares in January at a weighted average price per share of 1.029 levs ($0.59/0.53 euro).At the end of January, IHB held 7,290,346 own shares, the company said in a bourse filing on Monday.The company's capital is divided into 107.4 million shares. IHB's five-year share buyback programme envisages the repurchase of own shares at a price of between 0.70 levs and 1.20 levs apiece.IHB shares last traded on the Bulgarian Stock Exchange at a price of 1.03 levs.

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