Bulgaria's Trace Group Hold Launches Share Repurchase Programme

Bulgaria's Trace Group Hold Launches Share Repurchase Programme

Bulgarian construction company Trace Group Hold said that it has launched a share repurchase programme targeting 100,000 own shares, equal to 0.41% of the company's capital. The shares will be bought back a price of between 3 levs and 6 levs ($1.8-3.6 / 1.5-3.1 euro), Trace Group Hold said in a bourse filing late on Wednesday. The programme will expire on January 31 2019.If the company fails to repurchase 100,000 shares by then, the management board has the right to extend the deadline.As at 13:15 CET on Thursday, Trace Group Hold shares traded 3.13% higher at 3.3 levs. Trace Group Hold's activities include rehabilitation, reconstruction and construction of roads, highways, airports, underground stations and underground railways, ground railroads and facilities, urban infrastructure and road marking.(1 euro = 1.95583 levs)

Previous Next
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using

These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.