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Croatia's Valamar Riviera repurchases 2,000 own shares

Croatia's Valamar Riviera repurchases 2,000 own shares Photo: Valamar

ZAGREB (Croatia), September 18 (SeeNews) - Croatian hospitality group Valamar Riviera [ZSE:RIVP] said on Wednesday it has increased the holding of its own shares to 2.9164% of the issued capital, from 2.9148%.

On September 16, the company bought back 2,000 of its own shares, representing a stake of 0.0015%, Valamar Riviera said in a filing to the Zagreb Stock Exchange (ZSE).

Following the transaction, the company holds 3,675,504 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 = 7.39662  kuna)