Bulgaria’s MonBat buys back 66,913 own shares in November

Bulgaria’s MonBat buys back 66,913 own shares in November

Bulgarian car battery producer MonBat [BUL:5MB] has repurchased 66,913 of its own shares at an average price of 4.78 levs ($3.19/2.44 euro) apiece in November, it said on Monday.

The company held a total of 2,576,284 of its own shares at the average price of 5.85 levs per share at the end of November, MonBat said in a note to investors.

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

MonBat shares were traded 0.02% higher at 4.79 levs by 1435 GMT on Monday on the Bulgarian Stock Exchange.

(1 euro=1.95583 Bulgarian levs)

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