AIM-listed CEE property company Ablon Group said on Monday that it had purchased 20,541 ordinary shares at a price of 58 pence per share as part of its share buyback scheme.
AIM-listed CEE property company Ablon Group said on Monday that it had purchased 20,541 ordinary shares at a price of 58 pence per share as part of its share buyback scheme.
The purchased shares represent 0.019% of the voting shares and are being held in treasury. Following the buyback, Ablon has a total of 108,843,558 shares in issue and with voting rights.
Ablon last month reported a pre-tax loss of EUR 14 mln over the first six months of 2008, compared with a pre-tax profit of EUR 23 mln in the year-earlier period. The company said it would skip its dividend payment this year given the volatile market situation and resulting uncertainty.
