Jubmes bank will buy off its own shares at the Belgrade stock exchange in order to prevent bigger damage from the fall of their price, as it was announced at the site of the Serbian capital market.
The bank will buy off 640 shares, out of 154.177 in total with the voting right, by the price up to 40.000 dinars per paper, while the exact price will be determined by the Executive board based on the information of trade at the Stock exchange and according its financial possibilities.
Bought shares will be sold, the latest within one year from the day of obtainement, as it stands in the announcement.
Jubmes bank shares have been traded at the Belgrade's stock exchange since October 2004. At the moment, this ownership paper costs a little bit more than its minimum for the whole year, 14.000 dinars. The highest value the shares reached in the end of February, 2008, when it costed 84.800 dinars.
Trade capitalization of Jubmes bank is 2,25 billion dinars.
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