Hungary Richter buys 40,000 treasury shares

Portfolio
Gedeon Richter, Hungary’s leading drugs producer, has announced on Monday that on 19 June 2015 it has purchased 40,000 treasury shares on average price of 4,275 HUF/share on the Budapest Stock Exchange (BSE).
Based upon the purchase order given on 17 June Richter Plc. announced that on 19 June it bought 40,000 own shares at an average price of HUF 4,275.

The number of the company’s treasury shares is 218,068; the total number of Company shares at Group level held in Treasury is 1,478,352.

Gedeon commissioned UniCredit Bank Hungary Zrt. on 17 June to purchase 150.000 treasury shares on the BSE that it intends to use for its bonus programme. Such moves are not uncommon at Richter. It purchased treasury shares for its bonus programme also in the past years.
 

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