Hungarian drug maker Gedeon Richter Nyrt purchased 3,348 treasury shares on May 25 on the Budapest Stock Exchange at an average price of HUF 35,750 apiece as part of its treasury share purchase program, Richter said on the BSE website on Thursday.
The company held 29,224 treasury shares after the transaction, holding 39,774 treasury shares at group level.
Richter gave UniCredit Bank Hungary an order for a total of 20,000 treasury shares on May 18. The shares will be used for Richter’s employee bonus share program.
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