December 11 (SeeNews) - Croatia's biggest telecommunications operator, Hrvatski Telekom [ZSE:HT-R-A], said on Monday it currently holds 211,636 of its own shares, representing 0.258444% of the issued share capital, following the launch of a share buyback programme on July 3.
On December 7, HT acquired 143 shares at 166.0895 kuna ($25.9/22.0 euro) apiece. A day later it bought a further 272 shares at 166.3021 kuna apiece, the company said in a filing with the Zagreb Stock Exchange.
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=7.55870 kuna)