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Croatia's Valamar Riviera grows own shareholding

Croatia's Valamar Riviera grows own shareholding Photo: Valamar

ZAGREB (Croatia), May 16 (SeeNews) - Croatian hospitality group Valamar Riviera [ZSE:RIVP] said on Thursday it has increased its own shareholding to 2.7431%.

On May 14, the company purchased 21,649 own shares, representing 0.0171% of its share capital, Valamar Riviera said in a filing to the Zagreb Stock Exchange (ZSE).

The following day, Valamar acquired a further 16,150 units, representing 0.0128% of the company's share capital. 

Following this transaction, the company holds 3,457,078 of its own shares.

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 = 7.42104 kuna)