Elektroprivreda (EPCG) reduced the share capital based on the cancellation of its own shares.
As stated in the notification published on the website of the Montenegro Stock Exchange, the basic capital of EPCG is reduced by the amount of EUR 55,22 million, based on the cancellation of 8,47 million own shares with a nominal value of EUR 6,52 per share.
"After the reduction of the basic capital, the total number of EPCG shares amounts to 109,66 million. The nominal value per share is about 6,52 euros, and the total capital value of the company is 714,7 million euros," the announcement states.
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