Bulgaria's Trace Group Hold Lifts Own Shareholding

Bulgaria's Trace Group Hold Lifts Own Shareholding

Bulgarian construction company Trace Group Hold [BUL:T57] said on Wednesday that it has repurchased 600 own shares at a weighted average price per share of 3.28 levs ($2.0/1.7 euro).The deals' settlement date is September 20, Trace Group Hold said in a bourse filing. The number of shares represents 0.0025% of the company's capital, according to bourse data. Last week, Trace Group Hold launched a share repurchase programme targeting 100,000 own shares, equal to 0.41% of the company's capital, at a price of between 3 levs and 6 levs. The construction company has repurchased a total of 2,750 own shares since the launch of its share buyback programme.

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