September 14 (SeeNews) - Croatian tourism company Mon Perin [ZSE: MONP] said on Wednesday it has bought 471 own shares under an up to 300,000 kuna ($40,000/40,000 euro) share buyback programme launched on September 13 and intended to run until the end of the year.
The company bought 383 own shares on Monday and a further 88 on Tuesday, Mon Perin said in a filing with the Zagreb Stock Exchange (ZSE).
Following these transactions, Mon Perin owns 52,871 shares representing 0.4954% ot its equity capital,
The maximum number of shares that could be repurchased under the new programme is 8,572 units.
Under the programme, the company is allowed to buy its own shares at a price of up to 40.90 kuna per share. The repurchased shares will be offered for sale to its employees and employees of its affiliate copapanies, the company said on Monday
The company's shares last traded on Tuesday on the Zagreb bourse, ending 4.39% lower at 39.20 kuna.
Bale-based Mon Perin is active in tourism, real estate and agriculture.It was set up in 2005 and has more than 900 shareholders.
Mon Perin's shares started trading on the Zagreb bourse on March 30.
(1 euro = 7.520 Croatian kuna)