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Sep 13, 2019 16:06 EEST
September 13 (SeeNews) - Croatian hospitality group Valamar Riviera [ZSE:RIVP] said on Friday it has increased its stock of own shares to 2.9148% of the issued capital, from 2.8989%.
On September 11, the company bought back 4,276 of its own shares, representing a stake of 0.0033% of its capital, Valamar Riviera said in a filing to the Zagreb Stock Exchange (ZSE).
The next day, it acquired a further 15,872 own units representing 0.0125% of share capital.
Following the last transaction, the company holds 3,673,504 of its own shares.
Shares of Valamar Riviera traded 0.82% lower at 36.50 kuna ($5.5/4.9 euro) by 1224 CET on the ZSE on Friday.
The hotel operator owns five brands: Valamar Collection, Valamar Collection Resorts, Valamar Hotels and Resorts, Sunny and Camping Adriatic. Valamar Riviera operates 30 hotels and resorts and 15 camping resorts in five attractive destinations along the Adriatic coast – from Istria and the islands of Krk and Rab to Dubrovnik.
(1 euro = 7.39520 kuna)
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