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BUCHAREST - Fondul Proprietatea S.A. (Bucharest Stock Exchange:FP, London Stock Exchange (LON:LSEG): FP), managed by Franklin Templeton International Services S.À R.L., has disclosed its recent share buyback activities as part of its 2025 buyback program. Between Monday and Friday of last week, the fund repurchased a total of 5,618,481 ordinary shares, with no Global Depositary Receipts (GDRs) transactions reported in the same period.
The transactions were executed on the Bucharest Stock Exchange (BVB) with the assistance of brokers SWISS CAPITAL S.A. and AUERBACH GRAYSON. The buybacks took place during trading sessions, with the weighted average price per share ranging from RON 0.3674 to RON 0.3736. No transactions were reported on the London Stock Exchange for the GDRs corresponding to the Fund’s shares.
The total value of the shares acquired during the reported period amounted to RON 2,074,144.86. Since the beginning of 2025, Fondul Proprietatea has bought back 64,003,205 shares and 8,940 GDRs, which represent 447,000 shares, with the total value of shares and GDRs acquisitions reaching RON 23,194,340.70 and USD 35,065.86 respectively.
According to the notification, the fund has 255,549,795 shares remaining to be repurchased under the 2025 buyback program, which is set to continue until December 31, 2025. The repurchased shares are to be canceled as per the program’s guidelines.
The buyback program, approved by the Fund’s Extraordinary General Shareholders Meeting on December 2, 2024, allows for the acquisition of a maximum of 320 million shares and/or equivalent GDRs. The repurchase activities are conducted in compliance with the regulatory technical standards for the conditions applicable to buy-back programs and stabilization measures as outlined in the Commission Delegated Regulation (EU) 2016/1052.
This report is based on a press release statement and provides a factual account of Fondul Proprietatea’s share buyback transactions without any speculative or promotional content.
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