EnglishFlamingo International yesterday bought back 5 milion own shares from the capital market to implement the first stage of the Share Option Plan 2007 - 2010 and the Share Repurchase Program 2007 (an employee stock option scheme). The shares were bought from the DEAL market of the Bucharest Stock Exchange for 0.3 RON/share and a total of 1.5 million RON.
Flamingo closed yesterday"s session at 0.29 RON/share following ten transactions worth 4,311.1 RON. Over the past 52 weeks, Flamingo sahres were traded in 2,852 transactions worth 203,735 million RON. The quotation fluctuated between 0.29 and 0.45 RON. Flamingo is one of the leading retailers on Romania"s IT&C market and is ISO 9001 certified for computer design and production as well as for IT and consumer electronics retail.
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