August 17 (SeeNews) - Croatia's biggest telecommunications operator, Hrvatski Telekom [ZSE:HT-R-A], said on Thursday it currently holds 16,987 treasury shares, representing 0.0207% of its issued share capital, following the launch of a share buyback programme on July 3.
On August 14, HT acquired 283 shares at 180.02 kuna ($28.5/24.4 euro) apiece and two days later it acquired a further 581 shares at 180.6 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=7.39144 kuna)