Bulgaria’s MonBat buys back 33,784 shares in Jan

Bulgaria’s MonBat buys back 33,784 shares in Jan

Bulgarian car battery producer MonBat [BUL:5MB] said on Friday it repurchased 33,784 own shares at an average price of 4.79 levs ($3.34/2.45 euro) apiece in January.

In January, the company sold 75,000 of already repurchased shares. At the end of the month it held a total of 2,588,520 own shares, MonBat said in a note to investors.

Blue chip MonBat is majority-owned by Bulgarian lubricants producer Prista Oil.

MonBat shares were trading on the Bulgarian Stock Exchange 0.08% higher at 6.08 levs by 1440 GMT on Friday.

(1 euro=1.95583 Bulgarian levs)

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