Bulgaria’s MonBat buys back 79,911 own shares in October

Bulgarian car battery producer MonBat [BUL:5MB] said on Thursday it had repurchased 79,911 of its own shares for an average price of 4.85 levs ($3.2/2.48 euro) apiece in October.

The company also sold 200,200 of its own shares last month, MonBat said in a note to investors.

MonBat held a total of 2,509,371 of its own shares at the end of October.

The company stock closed 0.21% higher at 4.82 levs on the Sofia bourse on Thursday.

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

(1 euro = 1.95583 Bulgarian levs)

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Published Nov 01, 2012 17:23 CEST

Author Velizar Uzunov

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