Trace Group Hold to start a buy back for up to 2.07% of share capital till June 2024 (NEUTRAL)
05.01.2022
Source: Trace Group Hold; FFBH
Trace Group Hold announced that on Jan 6 will start a share buyback for up to 2.07% of share capital (up to 500 000 shares) with no specific price range, being disclosed. The period for the procedure is up to June 26, 2024.
Note that on June 26, 2019 Trace Group Hold’s shareholders authorized Management Board to perform share buyback of up to 3% of share capital within next 5 years with a price range of BGN 2.00 – BGN 7.00 per share. Currently, Trace Group has 6 279 treasury stocks (0.03% of share capital).