November 16 (SeeNews) - Croatian hotel operator Valamar Riviera [ZSE:RIVP] said on Friday it has lifted its own shareholding to 1.8305%.
On November 14, the company purchased 1,399 of its own shares, representing 0.0011% of its share capital, while a day later it bought back 9,329 shares, or 0.0074% of own capital, Valamar said in a filing with the Zagreb Stock Exchange.
Following this acquisition, the company held a total of 2,306,874 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.