Bulgaria’s MonBat buys back 52,952 shares in Dec

Bulgaria’s MonBat buys back 52,952 shares in Dec

SOFIA (Bulgaria), December 28 (SeeNews) – Bulgarian car battery producer MonBat [BUL:5MB] repurchased 52,952 own shares at an average price of 4.7 levs ($3.2/2.4 euro) each in December, it said on Friday.

The company held a total of 2,629,736 own shares as of December 28, MonBat said in a note to investors.

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

MonBat shares were trading 2.56% lower at 4.53 levs by 1249 GMT on Friday on the Bulgarian Stock Exchange.

(1 euro=1.95583 Bulgarian levs)

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