April 11 (SeeNews) - Online betting operator Telematic Interactive Bulgaria [BUL:TIB] said on Thursday that it repurchased 295 of its shares in two separate transactions as part of its ongoing share buyback programme.
Telematic Interactive bought back 150 shares at a price of 15.70 levs ($8.72/8.03 euro) each on April 10 and 145 shares priced at 15.80 levs apiece on April 11, the company said in a bourse filing.
The number of own shares held by Telematic Interactive as of April 11 amounted to 585, representing 0.0045% of voting rights.
The betting operator launched the share repurchase programme last month, 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 1553 CET on Thursday, shares in Telematic Interactive Bulgaria traded 0.64% higher at 15.80 levs on the Bulgarian Stock Exchange.
(1 euro = 1.95583 levs)