«Astarta» bought almost 19 thousand shares
During the period from November 19 to 23, «Astarta» agri-industrial holding bought up 18,87 thousand of its own shares on the stock exchange.
It is stated in a message of the company on the Warsaw Stock Exchange.
As noted, the average price of the stock was PLN29,59 ($7,83). The total amount of the transaction amounted to about PLN55,8 million ($147,8 thousand).
The board of directors of Astarta Holding N.V. appointed a Polish investment bank Pekao Investment Banking S.A. as a buyout agent within the framework of the approved buyback program.
The shares were acquired in accordance with the decision made at the annual general meeting of shareholders of the company on May 25, 2018. The ransom was held by Pekao Investment Banking SA.
Founded in 1993, «Astarta-Kyiv» is a vertically integrated agro-industrial holding specializing in sugar and agricultural production. It has proven to be a growing, transparent company, as well as a reliable partner and supplier. Agricultural business focuses primarily on the cultivation of sugar beet, grains and oilseeds, the production of sugar and related products (molasses and granulated beet pulp). ASTARTA also has 8 sugar refineries, capacities for soybean processing (soybean processing plant) and biogas production (bio-energy project).