You have 10 free articles left this month. Get your freeBasic subscription now and gain instant access to more.

Croatia's Arena Hospitality Group buys own shares

Croatia's Arena Hospitality Group buys own shares Verudela Villas, operated by Arena Hospitality Group; Source: arenaturist.com

ZAGREB (Croatia), August 8 (SeeNews) - Croatia's Arena Hospitality Group [ZSE:ARNT] has further increased its treasury stock, and as of August 8 held 10,280 of its own shares, representing 0.200440% of the issued capital, the company said on Thursday.

Arena bought back 32 own shares at 380 kuna ($57.7/51.5 euro) apiece on August 7, it said in a filing to the Zagreb Stock Exchange (ZSE).

No shares of Arena Hospitality Group traded by 09:35 CET on Thursday on the ZSE. The stock closed at 374 kuna, down 1.58% on Wednesday.   

The company said last week its net loss narrowed to 8.8 million kuna in the first half of 2019, from 20.8 million kuna in the like period of last year.

Arena Hospitality Group comprises seven hotels, four self-catering holiday apartment complexes, eight campsites and many food and beverage outlets. It owns, co-owns, leases or manages 15 hotels, four self-catering holiday apartment complexes and eight campsites. 

(1 euro = 7.38157 kuna)

Compare