September 26 (SeeNews) - Croatian hospitality group Valamar Riviera [ZSE:RIVP] said on Thursday it has increased its own shareholding to 2.9376% of the issued capital, from 2.9359%.
On September 25, the company bought back 2,137 of its own shares, representing a stake of 0.0017%, Valamar Riviera said in a filing to the Zagreb Stock Exchange (ZSE).
Following the transaction, the company holds 3,702,196 of its own shares.
Valamar's shares traded up 1.08% at 37.40 kuna by 1142 CET on Thursday, after closing 1.37% higher at 37 kuna on Wednesday.
The hotel operator owns five brands: Valamar Collection, Valamar Collection Resorts, Valamar Hotels and Resorts, Sunny and Camping Adriatic. Valamar Riviera operates 34 hotels and resorts and 15 camping resorts in several attractive destinations along the Adriatic coast – from Istria and the islands of Krk and Rab to Dubrovnik.
(1 euro = 7.39662 kuna)