September 12 (SeeNews) - Croatian hotel operator Valamar Riviera [ZSE:RIVP] said on Wednesday it has increased its own shareholding to 1.6890%.
The company purchased 9,818 of its own shares, representing 0.0077% of its share capital, on September 10, and a further 2,160 shares or 0.0017% of its total capital a day later, Valamar said in a filing to the Zagreb Stock Exchange.
Following this acquisition, the company held a total of 2,128,724 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.