The board of directors of the chemical company selected Bulbrokers as an investment intermediary on the repurchasing of shares of the capital of Neochim in 2008.
The decision for the buyback of up to 3% of the capital of the company was taken at a general shareholders' meeting held on June 6.
The shareholders also decided 1,327,179 leva of the company's 3.01 mln leva profit for 2007 to be distributed as dividend. The gross dividend per share will amount to 0.5 leva per share, instead of the 0.35 leva dividend per share proposed by the company.
Neochim's stock price went up by 0.65% to an average of 78 leva per share today.