SeenewsSeenews
Search
Seenews
AlertsSeenewsSeenews
Searchclose
TOPICS
arrow
COUNTRIES
arrow
INDUSTRY
arrow
Economy
arrow
Browse Economy
Mix and match your focus countries with our advanced search
Investments
arrow
Browse Investments
Mix and match your focus countries with our advanced search
Deals
arrow
Browse Deals
Mix and match your focus countries with our advanced search
Tech
arrow
Browse Tech
Mix and match your focus countries with our advanced search
Green
arrow
Browse Green
Mix and match your focus countries with our advanced search
0/5
You have 5 free articles left this month
You have 0/5 free articles
Sign up to get 5 more free articles this month
SIGN UP
arrow
LOGIN
arrow

Romania's Fondul Proprietatea buys back 4.8 mln own shares in Nov 18-22

Nov 26, 2019, 5:08:35 PMArticle by Mario Tanev
share
November 26 (SeeNews) - Romanian property restitution fund Fondul Proprietatea [BSE:FP] said that it has repurchased a total of 4,824,569 own shares and equivalent shares of GDRs in the period November 18-22.

Romania's Fondul Proprietatea buys back 4.8 mln own shares in Nov 18-22
Stock (Author: Fondul Proprietatea) License: all rights reserved.

The total value of the transactions in the review period was some 5.7 million lei ($1.3 million/1.2 million euro), Fondul Proprietatea said in a bourse filing on Monday.

Since the start of the company's tenth share repurchase programme, Fondul Proprietatea has bought back a total of 392,054,776 own shares and equivalent shares of GDRs, for a total of some 425 million lei.

The number of shares left to be repurchased within the tenth buyback programme is 357,945,224.

As at 14:50 CET on Tuesday, Fondul Proprietatea shares traded 0.84% lower at 1.18 lei on the Bucharest Stock Exchange.

(1 euro = 4.78 lei)

Your complete guide to the emerging economies of Southeast Europe. From latest news to bespoke research – the big picture at the tip of your fingers.