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Nov 20, 2017 13:57 EEST
November 20 (SeeNews) - Croatia's biggest telecommunications operator, Hrvatski Telekom [ZSE:HT-R-A], said on Monday it currently holds 191,484 of its shares, representing 0.233835% of its issued share capital, following the launch of a share buyback programme on July 3.
On November 16, HT acquired 999 shares at 168.1 kuna ($26.2/22.2 euro) apiece. A day later it bought a further 1,361 shares at 168 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 = 7.5652 kuna)
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