The confectionery company Kraš purchased nearly 94 thousand of its own shares last week, which is slightly more than 6.84 percent of the share capital, and now holds just over 11.86 percent of shares in its treasury account.
Kraš announced via the Zagreb Stock Exchange on Wednesday that it acquired 93,986 shares for the treasury of the company through trading from February 12 to 16, which represents 6.8422 percent of the share capital of this confectionery company. After this acquisition, Kraš has recorded 162,941 of its own shares in the treasury account, which gives 11.8622 percent of the share capital, as stated in Kraš’s announcement.
The company reported yesterday that the Capital Fund, which held 93,772 shares, representing a stake of 6.83 percent, has fallen below five percent of voting rights, meaning that this fund no longer holds Kraš shares in its portfolio. This transaction was conducted at the end of last week, on February 12. According to trading data from the Zagreb Stock Exchange, 93,772 shares of Kraš were traded in an OTC transaction at a price of 500.91 kuna, totaling 46.97 million kuna.
According to the latest data from SKDD, Kraš – ESOP holds 19.76 percent of Kraš shares, and the second largest shareholder is the Meat Industry Brothers Pivac, which holds 19.53 percent of the shares.
The price of Kraš shares has been slightly above 500 kuna since the beginning of February, and yesterday it closed trading on the Exchange at 504.01 kuna, which is an increase of 1.39 percent compared to Monday. The price continues to rise today and is currently trading at 512 kuna, which is about 1.6 percent higher than yesterday.
