Printer Friendly

Extraordinary announcement.

Budapest: OTP Bank Plc. announces that - according to the Resolution No. 10/2016 of the Annual General

Meeting on 15 April 2016, - on 9 May 2016 the Bank purchased 255,084 own shares at an

average price of HUF 7,007 per share on the Budapest Stock Exchange, with the contribution of

OTP Bank as investment service provider.

Accordingly, the total number of treasury shares at OTP Group changed to 3,802,024 common

shares. (Within that, the number of treasury shares at OTP Group members outside the mother

company was at 2,073,560 as of 31 April 2016)

All in all, the treasury shares account for 1.36 percent of the Bank's registered capital.

COPYRIGHT 2016 Plus Media Solutions
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2016 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Daily the Pak Banker (Lahore, Pakistan)
Date:May 20, 2016
Words:116
Previous Article:Treasury share transaction.
Next Article:Non-Performing Versus Uncollectible Loans.
Topics:

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters