January 8 (SeeNews) - Croatia's biggest telecommunications operator, Hrvatski Telekom [ZSE:HT-R-A], said on Monday it currently holds 220,472 of its own shares, representing 0.269234% of the issued share capital, following the launch of a share buyback on July 3.
On January 2, HT acquired 435 shares at 166.3506 kuna ($26.8/22.4 euro) apiece. A day later it bought a further 469 shares at 166.9232 kuna apiece, the company said in a filing with the Zagreb Stock Exchange.
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On January 4, the company purchased 428 of its own shares at 166.0280 kuna, and a day later 669 shares at 165.3363 kuna.
Prior to launching the share buyback programme, HT owned 2,966 treasury shares.
HT's share capital of 9.8 billion kuna is divided into 81,888,535 shares without nominal value.
On June 28, the telco said it will launch a share buyback programme on July 3, targeting to purchase up to 2,500,000 of its own shares by April 20, 2021. Hrvatski Telekom will spend up to 500 million kuna under the programme.
Hrvatski Telekom serves 1.0 million fixed lines, 2.2 million mobile subscribers, and 763,000 broadband connections.
(1 euro=7.44162 kuna)