December 4 (SeeNews) - Croatian hotel operator Valamar Riviera [ZSE:RIVP] said on Tuesday it has increased its own shareholding to 2.2956%.
On November 30, the company purchased 254,560 of its own shares, representing 0.2020% of its share capital, Valamar said in a filing with the Zagreb Stock Exchange.
Following this acquisition, the company held a total of 2,893,129 of its own shares.
Valamar provided no additional details.
The company owns two brands: Valamar Hotels and Resorts and Camping Adriatic. With the acquisition of Imperial in 2016, a hotel group on Rab Island, Valamar Riviera Group now 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.