TBSG fulfilled its share repurchase procedure (NEUTRAL)
12.03.2025
Source: Telelink Business Services Group; FFBH
Telelink Business Services Group (TBSG) revealed that the share buyback procedure was completed. During the trading sessions on March 7 and 11, the company bought back 3.6k and 196.4k shares respectively, making it up to 200k in total at an average price of BGN 11.49. However, after the deals were completed, the share price dropped down to BGN 10. Recall that the EGM held last month (Feb'25) approved a repurchase program of up to 200k shares (1.6% of the capital).