Fondul is intensifying its buyback to push up its price

Fondul reported it bought back 17.3m of own shares between Oct 6-10. As per Bloomberg has total 49m shares were traded in that period. If that is right than Fondul is buying up 35% of daily volumes. Unprecedented buyback strength.

http://www.bvb.ro/infocont/infocont14/FP131014A_en.pdf

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s